How much will it reduce amount of time left to pay off loan

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Reference no: EM131462607

You have some extra cash this month and you are considering putting it toward your car loan. Your interest rate is 6.6%?, your loan payments are$608 per? month, and you have 36 months left on your loan. If you pay an additional $1,000 with your next regular $608 payment? (due in one? month), how much will it reduce the amount of time left to pay off your? loan? ?(Note: Be careful not to round any intermediate steps less than 6 decimal? places.)

Reference no: EM131462607

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