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Given no payoff penalty not being required and based on the

Given no payoff penalty not being required and based on the present value method, I would save (not much) on interest, after discounting the savings to its actual worth today, should I decide to pay off my car loan early. Therefore, my rationale would be whether I have the extra cash to eliminate this type of loan early.

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Business Economics: Given no payoff penalty not being required and based on the

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