A $10600 car loan is to be repaid with monthly payments of $318.00. If the...
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A $10600 car loan is to be repaid with monthly payments of $318.00. If the simple interest rate is 9.75%, using the U.S. Rule, how much of the first payment goes to (a) interest and (b) principal? (a) interest: $ (b) principal: $ Submit Answer 
(a) interest: 1 (b) prinapalis
A $10600 car loan is to be repaid with monthly payments of $318.00. If the simple interest rate is 9.75%, using the U.S. Rule, how much of the first payment goes to (a) interest and (b) principal? (a) interest: $ (b) principal: $ Submit Answer
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