Can you please show the whole graph
Making larger monthly payments than required will pay off a loan faster. Thus, the answer is A.
Answer:
.66
Step-by-step explanation:
One hundred and twenty thousand
The value would be 28,000*(1-0.0725)*(1-0.0725)*(1-0.0725)*(1-0.0725)*(1-0.0725)
which is 28,000*0,9275

which equals 28,000*0.6863=$19,219