Multiple Choice
Sheila borrowed $1,000.00 for 1 year. Her monthly payments are $89.60. If she decides to pay the
Loan off after 4 months, find the amount of interest that she will save. (Use the rule of 78s.)
A) $34.71
B) $37.60
C) $75.20
D) $9.64
Correct Answer:
Verified
Correct Answer:
Verified
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