Mathematics, 01.02.2021 14:00 sabahtramirez01

Willard Hudson took out a simple interest loan of $6,000.00 at 10 percent interest for 24 months. His monthly payment is $276.60 After 4 payments the balance is $5,082.21. He pays off the loan when the next payment is due. What is the interest? What is the final payment? How much is saved by paying the loan off early?

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Willard Hudson took out a simple interest loan of $6,000.00 at 10 percent interest for 24 months. Hi...

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