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1 vote
Wiley is making monthly payments of $88.00 to pay off a loan that he took out to buy a fence, but he wants to pay off his loan faster. Which of these monthly payments will allow him to do so?

A. $96.00
B. $72.00
C. $64.00
D. $80.00

User Davychhouk
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1 Answer

3 votes
Making larger monthly payments than required will pay off a loan faster.  Thus, the answer is A.
User David Mason
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