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Use the Paying Off Debt Making a Monthly Payment apple to answer the question below Understand Paying Off Debt: Making a Monthly Payment You are

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Use the Paying Off Debt Making a Monthly Payment apple to answer the question below Understand Paying Off Debt: Making a Monthly Payment You are paying off a debt that accrues simple interest by paying an amount towards it every month. How do you calculate how much of the payment will go towards the Interest? Use a debt of $23,250, with 0.5% annual simple interest and monthly payments of 900 for this question Choose the correct answer below O Munply 5000 by 0.095 and divide that value by 12. OB Multiply $23.250 by 0.095 and divide that value by 12 OC Multiply $900 by 0.005 and subtract this value from $900 OD Multiply $23.260 by 0,095 and subtract this value from 5900

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