Mathematics, 04.12.2020 01:40 jasjoh39p0rp6i

Eleanor Wotek took out a simple interest installment loan of $1,525 at 8 percent for 6 months. Her monthly payment on the loan is $260.17. After 3 payments, the balance is $769.98. If she pays off the loan when the next payment is due? a. What is the final payment? (2 points) b. How much is saved by paying off the loan early? (3 points)

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Eleanor Wotek took out a simple interest installment loan of $1,525 at 8 percent for 6 months. Her m...

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