emergency fund that pays 3 percent. Should he use some of that money to repay his student loans early? Why? Click on the table icon to view the Monthly Installment Loan Payment Factor (MILPF) table: Liam's monthly payment is $. (Round to the nearest cent.) Should Liam use some of the money in his emergency fund to repay the loan early? Why? (Select the best answer below.) emergency. c. Liam should not use some of the money in his emergency fund to repay his loan early because the 3% is less than the interest on the loan, which is 7%. He would give up more in interest earned by using some of the money than he would pay in interest if he repaid the loan over the full 10 years. some of the money than he would pay in interest if he repaid the loan over the full 10 years