Question 2 Mark Jones owns a Comic Book store. Mark paid for a shipment of...
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Question 2 Mark Jones owns a Comic Book store. Mark paid for a shipment of action figures with a $4,000.00 installment loan, at 10%, for 24 months. His payments are $184.40. After 6 months, the balance is $3,074.51. He decided to pay off the loan when the next payment is due. A. Show your work and find the final payment amount. B. Show your work to find out how much Mark saves by paying off his loan early. (Note: There is no penalty to pay off this loan early!)
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