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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
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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 Rhari
by
7.7k points

1 Answer

2 votes

Given:

sarah yost took out a 48 month

installment loan 17000

monthly payments of 423.05

Required:

User Richrosa
by
7.9k points
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