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At the end of 1 0 / 2 0 1 8 , Mike took out a 3 0 - year loan of $ 3 0
At the end of Mike took out a year loan of $ with monthly payment. The loan has an annual rate of If at the end of instantly after the monthly payment, she prepaid $ How much interest she can save on compared to if she did not prepay the $ Prepayment only reduces the loan balance on a loan but does not affect the monthly payment amount.
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