ASK YOUR TEACHER You are the loan department supervisor for a bank. This installment loan is...
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ASK YOUR TEACHER You are the loan department supervisor for a bank. This installment loan is being paid off early, and it is your task to calculate the rebate fraction, the finance charge rebate (in $), and the payoff for the loan (in $). (Round dollars to the nearest cent.) Amount Financed Number of Monthly Payments Payments Rebate Payment Made Fraction $4,600 36 $165.33 31 Finance Loan Charge Payoff Rebate $ ASK YOUR TEACHER You are the loan department supervisor for a bank. This installment loan is being paid off early, and it is your task to calculate the rebate fraction, the finance charge rebate (in $), and the payoff for the loan (in $). (Round dollars to the nearest cent.) Amount Financed Number of Monthly Payments Payments Rebate Payment Made Fraction $4,600 36 $165.33 31 Finance Loan Charge Payoff Rebate $
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