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The James family wants to save some money in interest by paying off their auto loan 15 months early. The 36-month loan required payments of

The James family wants to save some money in interest by paying off their auto loan 15 months early. The 36-month loan required payments of $455 per month. The car cost $18,600 with a down payment of $6000. How much unearned interest did they save?

Select one:

a. $720.00

b. $681.08

c. $1311.08

d. $2287.44

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