Answer:
1) Repaid for the loan = $239,511.60
2) Percentage = 58.2%
3) Average amount = $387.53
Rate: 7%
Payments: 360 @ $665.31
Total Interest: $139,511.60
How much will be repaid for this loan? $ 239,511.60239,502.40100,000.00
What percentage of this total is total interest? 60.256.258.2
What will be the average amount per payment for interest? $ 387.53385.51387.51
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