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Business, 04.04.2020 02:31 mom9032

Enrique has a 60-month fixed installment loan, with a monthly payment of $77.86. The amount he borrowed was $3500. Instead of making his 36th payment, Enrique is paying the remaining balance on the loan. How much interest will Enrique save (use the actuarial method)

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Enrique has a 60-month fixed installment loan, with a monthly payment of $77.86. The amount he borro...
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