22. Chris bought
a new car for $12,500. He made a
$3,000 down payment and financed the rest at an
annual interest rate of 14.5% for 36 months (3 years).
How much less would his total interest be for the
same loan for 24 months (2 years)?
A.
$1,387.50
B. $1,377.50
C. $1,367.50
D. $1,357.50