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For the next three questions, view this table for pertinent information. year 0 Payment NA Month NA 1 1 2. 3 2 4 Payment Interest
For the next three questions, view this table for pertinent information. year 0 Payment NA Month NA 1 1 2. 3 2 4 Payment Interest Principal NA NA NA $8,014 $2,194 $5,821 $8,014 $2,005 $6,010 $8,014 $1,809 $6,205 $8,014 $1,608 $6,407 $8,014 $1,399 $6,615 $8,014 $1,184 $6,830 $8,014 $962 $7,052 $8,014 $733 $7,281 $8,014 $497 $7,518 $8,014 $252 $7,762 Remaining Balance $67,500 $61,679 $55,670 $49,465 $43,058 $36,443 $29,613 $22,561 $15,280 $7,762 $0 June December June December June December June December June December 3 5 6 4 7 8 5 9 10 Question 7 1 pts What is the annual interest rate on this loan? 3.25% 6.5% 10% 5%
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