down buys a new boat for

down buys a new boat for

down buys a new boat for 20000$ with a 20% down payment she is going to pay for the boat with monthly payments over a five year period . the interest rate is .8% per month after making payments for 2 years (24 months) able offers dawn 11500 for the boat ,if dawn can pay off the remainig loan balance without penalty will she make a profit by selling the boat ?ihow much ?

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