Question

Jeremiah is making monthly payments of $66.00 to pay off a loan that he took out to buy a drum set, But he wants to pay off his loan faster.Which of these monthly payments will allow him to do so?
A. $70.00
B.$54.00
C.$46.00
D.$62.00

Answer 1

Answer:

A. $70.00

Step-by-step explanation:

The question says it itself. Jeremiah is making monthly payments of $66.00 to pay off a loan that he took out to buy a drum set, But he wants to pay off his loan faster.

So, making larger monthly payments than $66 will pay off the loan faster.

Hence, the answer is $70.

Answer 2

I don't believe all of the information is given but I would say off the information that is provided it would be $70.00 per month