with work shown

An owner's mortgage includes a clause requiting a prepayment penalty. Three percent of any outstanding loan principal would be charged by the lender if the owner paid off the principal before the scheduled time. Payments were s296. 88 , due on the first of each month, and included both principal and interest In arrears at 8% per annum. After the owner's July 1 payment, her loan balance was 58,046.23. On August 1 , after handing her lender the eheck for her. A. $259.48 B. $238.82 C. $254.11 D. 5261.27