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Interest Savings. Judy has just received $13,836 as an inheritance from her uncle and is considering ways to use the money. Judy's car is one
Interest Savings. Judy has just received $13,836 as an inheritance from her uncle and is considering ways to use the money. Judy's car is one year old, and her monthly payment is $329. She owes 48 more payments. The amount to pay off the loan is $13,750. How much will Judy save in interest if she pays off her car loan now? If Judy pays off her car loan now, the amount she will save on interest is $ . (Round to the nearest dollar.)
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