Save Homework: Section 13.3 HW Score: 0 of 1 pt 13.3.29 9 of 10 (5 complete) HW Score: 22.5%, 225 of 10 pts Question Help Ray Flagg took out a 60-month fixed installment loan of 512.000 to open a new pet store. He paid no money down and began making monthly payments of 532. Ray's business does better than expected and instead of making his 30th payment, Ray wishes to repay his loan in full How much interest will Ray save (Use the actuarial method)? 3.5 % Annual Percentage Rate 4.5 % 505 (Finance charge per $100 of am unt financed 6.5 5 Number of Payments 7.0 % 3.60 0.37 6.50 7.90 0.52 10.34 11.10 14.04 11.03 127 11.80 10.00 18.81 Interest saved (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer Check A All parts showing Next - Previous earch