Question: Judy has just received $ 12,500 as an inheritance from her uncle and is considering ways to use the money. Judys car is one year

Judy has just received $ 12,500 as an inheritance from her uncle and is considering ways to use the money. Judy’s car is one year old, and her monthly payment is $ 304. She owes 48 more payments. The amount to pay off the loan is $ 12,460. How much will Judy save in interest if she pays off her car loan now?

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