Installment Loan$4000.00How much of the firstPrincipalpayment for theTerm Lengthinstallment loan12% shown in the table willMonthly Payment $105.00 go towards principal?4 yearsInterest RateA. $40.00B. $65.00C. $12.60D. $92.40

Installment Loan400000How much of the firstPrincipalpayment for theTerm Lengthinstallment loan12 shown in the table willMonthly Payment 10500 go towards princip class=

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