Rose took out a 16 year loan for 43 000 at an APR of 4 1

Last updated: 1/29/2024

Rose took out a 16 year loan for 43 000 at an APR of 4 1 compounded monthly while Yolanda took out a 16 year loan for 83 000 at an APR of 4 1 compounded monthly Who would save more by paying off her loan 7 years early OA Yolanda would save more since she has 40 000 more in principal B Rose would save more since she has 40 000 less in principal C Yolanda would save more since she has 40 000 less in principal D Rose would save more since she has 40 000 more in principal