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You borrowed $20,000 one year ago. The loan terms are: 5-year loan with APR of 24% and with monthly payments of $575.36. Today, you decided

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You borrowed $20,000 one year ago. The loan terms are: 5-year loan with APR of 24% and with monthly payments of $575.36. Today, you decided you want to pay off the loan earlier - in 3 years rather than the remaining life of the loan. How much more do you have to add to your monthly payment in order to accomplish it? Write out your answer in the space provide. MAKE SURE TO SHOW HOW YOU OBTAIN THE ANSWER (STEPS NECESSARY). If you do not show your work, you will not get credit. Showing work is not showing the keys used in a financial calculator, doing that will get you 0 credit

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