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Mike bought a truck 4 years ago. The truck cost $63,000 and wasfinanced for 72 months at 1.2% interest. Mike just made his 48thpayment and

Mike bought a truck 4 years ago. The truck cost $63,000 and wasfinanced for 72 months at 1.2% interest. Mike just made his 48thpayment and wants to pay off the truck. How much is Mike's loan payoff>

$21,505.83

$37,729.01

$42,000.00

$42,501.51

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