Curtis ook out a 30-year loan for $75,000 at an apr of 5.6%, compounded
monthly, and he is making monthly payments of $430.56. assuming that his
balance is $29,863.54 with 7 years left on the loan, how much would he save
by paying off the loan 7 years early?
o a. $3013.92
o b. $45,136.46
o c. $6303.50
o d. $5166.72