Sarah Yost took out a 48-month fixed installment loan of

Last updated: 7/17/2022

Sarah Yost took out a 48-month fixed installment loan of $17,000 to open a gift shop. She began making monthly payments of $423.05. Sarah's business does better than expected and instead of making her 12th payment, Sarah decides to repay her loan in full. How much interest will Sarah save (use the actuarial method)? $1926.35 $1872.84 $2205.29 $1907.97