Question: #48. Hello - I am having problems figuring out the answer to this question. Please assist me with finding out the steps needed to solve

#48. Hello - I am having problems figuring out the answer to this question. Please assist me with finding out the steps needed to solve it.

Laura Kennedy needs to burrow $531610 payfor NBA season tickets for her family. She can borrow the amounl from a nance company (814.5% add-on interest fora years) or from the credit union (36 monthly payments of $164.69 each). Laura takes the wedit union loan. Al the time of her thirtieth payment she pays it off. If the credit union uses the rule of 78 for computing uneemed interem, how much will she save by paying oil the loan with the thirtieth payment? The amount that she will save by paying in full new is 5 {Round in the nearest sent as needed.)

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