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Brittany and Stuart are buying a new car with a $14,000 loan for 4 years (48 months) at 2.76% annual interest. a) 1 . If
Brittany and Stuart are buying a new car with a $14,000 loan for 4 years (48 months) at 2.76% annual interest.
a) 1 . If Brittany and Stuart want to pay off the loan six months early, what is the lowest extra monthly payment they could make? Use the Auto Loan Payoff Calculator as above, and experiment with different whole dollar amounts. $
b) 2. How much money would they save if they make this extra payment each month? Click on "View Report" to have this calculated for you as an exact amount.
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