Use the Rule of 78 to Find the Payoff Amount

Multiple Choice

Use the Rule of 78 to find the payoff amount for the loan paid in full before the date of maturity.
-Amount Financed: $12,000 Regular Monthly Payment: $373.33
Total Number of Payments scheduled: 36
Loan repaid in full instead of making: 30th

A) $1931.24
B) $2205.71
C) $2194.59
D) $2567.93