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?
2 answers:
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.
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
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