math using rule 78
posted by sasha .
a loan for $400 is to be paid off in 66 months witha payment of $11.62 The borrowee pays it off in 18 months use rule 78 to find the interest saved
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A $400 loan is to be paid off in 66 monthly payments of $11.62. The borrower decides to pay off the loan after 18 payments. Use the rule of 78s to find the amount of interest saved. (Points : 1) $194.13 
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