Based on the information below, choose the correct answer. note: the monthly loan payment was calculated at 119 payments of $185.98 plus a final payment of $185.70. loan balance: $15,000.00 loaninterest rate: 8.50% monthly loan payment: $185.98 number of payments: 120 cumulative payments: $22,317.32 total interest paid: $7,317.32 on average, what dollar amount of each monthly payment is interest? $ 60.9862.9861.98 what percent of the total payments is total interest? 32.831.833.8 %