uie foul inount repaid represents interest? 2.15 To purchase a new truck it is necessary to borrow SIS,550. The bank offers a 5-yr cr offers a 6-yr loan at an interest rate of compounded moathly while the car deal loan at an interest rate of 2% compounded monthly. Tf you will be making monthly payment a. For cach case, what is the total amount that must be paid back? b For each case, how much of the total amount repaid represents interest? 33 Using the a