Algebra 2 (1st Edition)

Published by McDougal Littell
ISBN 10: 0618595414
ISBN 13: 978-0-61859-541-9

Chapter 12 Sequences and Series - Mixed Review of Problem Solving - Lessons 12.4-12.5 - Page 838: 7d

Answer

See below

Work Step by Step

Yes, paying an extra $\$50$ is advantageous since your monthly interest rate will raise your monetary debt each month, and if you pay an extra $\$50$, you will pay less interest over the course of the loan.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.

GradeSaver will pay $15 for your literature essays
GradeSaver will pay $25 for your college application essays
GradeSaver will pay $50 for your graduate school essays – Law, Business, or Medical
GradeSaver will pay $10 for your Community Note contributions
GradeSaver will pay $500 for your Textbook Answer contributions