## What is 34 divided by 594 LONG DIVISION

October 13, 2019// Blog//

**Answer:**

**$314,647.20**
**60.3%**
**$526.80**

**Step-by-step explanation:**

From the given information,

The down-payment amount is $125,000

Rate of interest = 7.5%

Monthly payment = $874.02

Number of periods = 360 months

Total interest paid = $189,647.20

**1. How much will be repaid for this loan-**

As you paid a monthly payment of $874.02 for 360 months, so total paid amount is,

**2. What percentage of this total is total interest**

As you have paid total of $314,647.20 on the interest of $189,647.20, so the percentage will be

**3. What will be the average amount per payment for interest**

As you paid an interest of $189,647.20 in 360 months, so average amount of interest per payment is,