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22 votes
sarah yost took out a 48 month fixed installment loan 17000 to open a gift shop. she began making monthly payments of 423.05 . sarah business does better than expected and instead of making her 12th payment sarah decides to repay her loan in full. how much interest will sarah save

User Shady Aziza
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1 Answer

7 votes
7 votes

Given:

sarah yost took out a 48 month

installment loan 17000

monthly payments of 423.05

Required:

User Igorzg
by
2.9k points