14 of 20 (15 complete) HW Score: 66.67%, 13.33 of 20 p Score: 0 of 1 pt XP 5-13 (similar to) Question Help You make monthly payments on your car loan. It has a quoted APR of 6.5% (monthly compounding) What percentage of the outstanding principal do you pay in interest each month? (Note: Be careful not to round any intermediate steps less than six decimal places.) The percentage of the outstanding principal you pay in interest each month is 005417% (Round to she decimal places) Enter your answer in the answer box and then click Check Answer Check Answer All parts showing - 44 2/28/2000 YOYO PO FIN 366 Morgan Spring 2020 Kate Mattox & Save Homework: Chapter 5 Homework Problems Score: 0 of 1 pt 16 of 20 (15 complete) P 5-17 (similar to) HW Score: 66.67%, 13.33 of 20 pts E Question Help You have just taken out a $21,000 car loan with a 7% APR, compounded monthly The loan is for five years. When you make your first payment in one month, how much of the payment will go toward the principal of the loan and how much will go toward interest Note: Be careful not to round any i mediato Steps les mans de marcas When you make your first payment will go toward the principal of the loan and S 12243 will go toward the interest Round to the nearest cont) Enter your answer in the editncias and then c h eck Answer All parts showing to search 8