Using the information below, choose the correct answers.

amount: $125,000 rate: 8 % payments: 360 @ $917.19 total interest: $205,188.40

how much will be repaid for this loan? $
what percentage of this total is total interest (to the nearest tenth)?
what will be the average amount per payment for interest? $

1) $330188.4

2) 62.14%

3) $569.97

Step-by-step explanation:

1) Total amount which will be repaid = Amount+Total interest

                                                          = 125000+205188.4

                                                          = $330188.4

2) Let the percentage of total that is interest be x

Then x%×330188.4 = 205188.4

                            x = 62.14%

Percentage of total that is interest = 62.14$

3) Average amount per payment for interest =

                                                   =

                                                   = $569.97

yes because there is exactly one y value for every x value

for function there can't be more than one value for every x value

29933333.33

step-by-step explanation: