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assume you take out a $ 2 0 0 0 loan for 3 0 months at 8 . 4 % APR. What is the monthly

assume you take out a $ $2000$ loan for $30$ months at $8.4 %$ APR.

What is the monthly payment?

How much of the first months payment is interest?

What percentage of the first months payment is interest?

How much total interest did you pray at the end of the $30$ months?

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Question

assume you take out a $ 2 0 0 0 loan for 3 0 months at 8 . 4 % APR. What is the monthly

assume you take out a $2000 loan for 30 months at 8.4% APR. What is the monthly payment? How much of the first months payment is interest? What percentage of the first months payment is interest? How much total interest did you pray at the end of the 30 months?

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assume you take out a $ $2000$ loan for $30$ months at $8.4 %$ APR.

What is the monthly payment?

How much of the first months payment is interest?

What percentage of the first months payment is interest?

How much total interest did you pray at the end of the $30$ months?