Ray took out a 60 month fixed installment loan $12,000 to open a new pet store. he paid no money down and began making monthly payments of $232. gray's business does better than expected and instead of making his 24th payment, ray wishes to repay his loan in full. a) determine the apr of the installment loan. b) how much interest will ray save by paying off his loan early? c) what is the total amount due to pay off the loan?

steve should create a type of business report called a business plan. the correct option among the options that are already given in the question is the last or the fourth option. this business report created by steve will actually influence the investors about investing their money in steve's business. this business report will have all the details about the business, the amount of investment required and the amount of expected profit.

step-by-step explanation:

im not sure what the answer is