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17 December, 10:53

Amount: $125,000 Rate: 8 % Payments: 360 @ $917.19 Total Interest: $205,188.40

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  1. 17 December, 10:54
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    How much will be repaid for this loan

    360*917.19

    =330,188.4

    percentage of this total is total interest

    (205,188.4:330,188.4) * 100

    =62.14%

    The average amount per payment for interest

    205,188.4:360

    =569.97
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