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Use the following information for to answer the question (it will be helpful to create an amortization table). Tony borrows $1400.00 at an annual interest

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Use the following information for to answer the question (it will be helpful to create an amortization table). Tony borrows $1400.00 at an annual interest rate of 8.4%. He receives the loan on the first day of the current month and will make monthly payments on the first day of each of the following months until the loan is repaid after 24 months. The monthly loan payment is $63.57. On Tony's 24th (last) loan payment of $63.57, how much of the payment is for interest? $63.13. $0.44. $63.57 $0.00 On January 1, Richard borrows $4600 with a fixed interest rate on the loan of 10% and a loan term of 2 years. He will be making monthly payments of $212.27. How much of Richard's fifth loan payment would be interest charged? (Round answers to 2 decimal places, e.g. 52.75.) $35.42 $33.95 $32.46 $30.96 Susan borrowed $1700.00 to purchase a used car. The total amount she will need to pay includes the $1700.00 she borrowed, $170.00 interest, and $63.75 loan fees. What is the finance charge on Susan's loan? (Round answers to 2 decimal places, e.g. 52.75.) $170.00 $233.75 O $63.75 O $1933.75 On January 1, Kevin borrows $6100 with a fixed interest rate on the loan of 10% and a loan term of 2 years. He will be making monthly payments of $281.48. How much of Kevin's first loan payment on February 1 would be principal? (Round answers to 2 decimal places, e.g. 52.75.) $314.93 $274.56 O $230.65 O $232.57

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