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Previous Page Next Page Page 11 of 30 Question 11 (3.3 points) You have just taken out an installment loan for $100,000. Assume that the

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Previous Page Next Page Page 11 of 30 Question 11 (3.3 points) You have just taken out an installment loan for $100,000. Assume that the loan will be repaid in 12 equal monthly installments of $9,456 and that the first payment will be due one month from today. How much of your third monthly payment will go toward the repayment of principal? (Round your answer to two decimal places) $7,757.16 $6,359.12 $7.212.50 $7.925.88 $8,333.33 Previous Page Page 11 of 30 Next Page Brunoel

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