Mathematics, 14.01.2020 10:31 natalie2sheffield

Xavier martinez took out a $5,000 loan at 7.5% interest for reconstructing his patio. his monthly payment on the 12-month loan was $437.26. after 6 payments, the balance was $2,556.03. he paid off the loan with the next payment. what did he save by paying off the loan early?
a.) $51.55
b.) $15.98
c.) $67.53
d.) $42.74

Answers: 3

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Xavier martinez took out a $5,000 loan at 7.5% interest for reconstructing his patio. his monthly pa...