4. Darren was looking over the repayment schedule for a loan of $40,000 at 9%...
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4. Darren was looking over the repayment schedule for a loan of $40,000 at 9% interest for 4 years with a monthly payment of $995.40. Find the final payment and amount saved if: a. The loan is paid off with payment 30 with a previous balance of $17,565.74 1 b. The loan is paid off with payment 36 with a loan balance of $12,285.66 c. The loan is paid off with payment 48 with a previous balance of $988.09
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