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Joseph buys a Hummer for $88,000, financing it with a 15-year 3.9% APR loan paid monthly. He decides to pay an extra $210 per month
Joseph buys a Hummer for $88,000, financing it with a 15-year 3.9% APR loan paid monthly. He decides to pay an extra $210 per month in addition to his monthly payments. Approximately how long will he take to pay off the loan under these conditions?
Group of answer choices 130.89 months 146.36 months 125.23 months 141.57 months
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