Question: Joe Roe borrowed $ 1 2 , 0 0 0 to travel see his son Bill. His loan was to be paid in 4 8

Joe Roe borrowed $12,000 to travel see his son Bill. His loan was to be paid in 48 monthly installments of $275. At the end of 15 months his daughter Joan convinced him that he should pay off the loan early. Joe is entitled to a rebate of: (Use the tables in the handbook)
A) $8,502.55
B) $122.45
C) $572.45
 Joe Roe borrowed $12,000 to travel see his son Bill. His

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