Assume that you will borrow for 30 years and you will make monthly payments at the end of each month

Your loan = $180,000
Your interest rate = 21.6%
Assume that you will borrow for 30 years and you will make monthly payments at the end of each month.
A) Calculate your monthly payment (Type your calculator inputs, i.e. N=, PV= and so on)
Monthly Payment = $3,245.27
B) Calculate the total interest amount you will pay over the life of the loan
Total Interest Paid = $97,358.10