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Question 8 Not yet saved Marted out of LOD Question The third file is for a client named Alexel. Alexei took out a personal loan

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Question 8 Not yet saved Marted out of LOD Question The third file is for a client named Alexel. Alexei took out a personal loan exactly one year ago with Harrison Bank. From his file, you have noted the following information: Original loan amount: $42,000 Current loan outstanding: $35311.47 Monthly repayment: $840 Next repayment: Due exactly 1 month from now Interest rate on loan: 12 +8.7% For the purposes of the remaining questions, use the rounded values given above. Using this information, determine the following: How much principal hos Alexei repaid over the last year? Give your answer to the nearest cont, and do not include a dollar sign. Answer Question 9 How much interest has Alexel been charged over the past year? Give your answer to the nearest cent, and do NOT include a dollar sign Not yet avad Maried but of 1.00 Answer: question If Alexei continues making monthly repayments of $840, and if the interest rate does not change, how many further FULL repayments does he expect to have to make in order to repay the loan? Do NOT include any final smaller repayment to pay off the remaining balance, Question 10 Not yet saved Maried out of 1.00 Flag question Answers

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