You Are Planning to Borrow $2,501

You are planning to borrow $2,501. You can repay the loan in 40 monthly payments of $79.06 each or 36 monthly payments of $85.93 each. You decide to take the 40 month loan. During each of the first 36 months you make the loan payment and place the difference between the two payments ($6.87) into a savings account earning 14.4% APR. Beginning with the 37^thpayment you will withdraw money from the savings account to make your payments. How much money will remain in the savings account after your loan is repaid?

A) -$5.00
B) $0.00
C) $5.25
D) $19.78
E) $495.50