Jackson took out a 6-year loan for $77,000 at an APR of 10.3%, compounded monthly, while Leo took out a 6-year loan for $82,000 at an APR of 10.3%, compounded monthly. Who would save more by paying off his loan 10 years early?
A) Jackson would save more, because he borrowed $5000 more in principal.
B) Jackson would save more, because he borrowed $5000 less in principal.
C) Leo would save more, because he borrowed $5000 less in principal.
D) Leo would save more, because he borrowed $5000 more in principal.
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