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You make monthly payments on your car loan. it has a quoted APR of 5.05 (monthly compounding). What percentage of the oustanding principal do you

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You make monthly payments on your car loan. it has a quoted APR of 5.05 (monthly compounding). What percentage of the oustanding principal do you pay in interest each month? (Wote. Be careful not to round any intermediate steps less than six decimal places.) The percentage of the outstanding prinopal you pay in intereat each month is 14. (Round to four decimar places.) You have decided to refinance your mortpage. You plan to borrow whatever is outstanding on your current mortgoge. The current monthy payment is $2.200.48 and you have made every payment on fime. The original term of the mongage was 30 years, and the morigoge is exactly four years and eight months old. You have just made your incenthly paymert. The mertgago inthrest rafe is The amount you owe today is 1 (Round to the nearest cent.)

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