The answer depends on how long you save for, and since you have not bothered to share that crucial bit of information, I cannot provide a more useful answer.
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Jonh saves $1188 12mounths= 1 year 108*12=1188
1850 * 0.15 = 277.5. In a month he saves $277.50, so in 12 months he will save 277.5 * 12 = 3,330. $3,330.00 is the answer.
5000+(24x676.35) is 21232.40. -16500 is 4732.40 saving by just paying off in one goNote:That works out to something like 82%interest each month on the unpaid balance !
The minimum she could save would be zero, if she spent all her money.
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