Solve the problem using the rule of 78.A fisherman buys a new boat for $50,000. He makes a down payment of $17,000 and finances the balance at 8.5% APR over 60 months. Before making the 47th payment, the fisherman decides to pay the remaining balance on the loan. How much interest will the fisherman save?
A. $335.93
B. $574.34
C. $352.53
D. $379.07
Answer: D
Mathematics
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b + c
A. 
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A. 
+ 
B. 
+ 
+ 
C. 
+ 
+ 
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+ 
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