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The annual rate of interest on a mortgage loan is 11 1/2%. The monthly interest payment is $453.75. What is the principal amount? 556,97833 $37.689.89

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The annual rate of interest on a mortgage loan is 11 1/2%. The monthly interest payment is $453.75. What is the principal amount? 556,97833 $37.689.89 547347 83 549742.99 Question 11 You borrow $9.000 and repay $10,320 in 16 months. What rate of interest are you being charged? 4 pts 1557 Question 12

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