Mathematics, 25.11.2020 14:00 hidagiser

When Maria Acosta bought a car 2 1/2 years ago, she borrowed 10,000 for 48 months at 7.8% compounded monthly. Her monthly payments are 243.19 but she’d like to pay off the loan early. How much will she owe just after her payment at the 2 1/2 year mark?

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When Maria Acosta bought a car 2 1/2 years ago, she borrowed 10,000 for 48 months at 7.8% compounded...

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