Business, 02.03.2020 21:07 Lovergirl13

Caroline Jones took out a 48-month fixed installment loan of $21,000 to open a restaurant. She began making monthly payments of $520.63. Caroline's business does better than expected and instead of making her 24th payment, Caroline decides to repay her loan in full. What is the total amount due to pay off the balance?

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Caroline Jones took out a 48-month fixed installment loan of $21,000 to open a restaurant. She began...

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