Calculate the missing information for the installment loan that is being paid off early. Number of Payments Payments Made 60 50 10 Payments Remaining Sum-of-the- Digits Payments Remaining Sum-of-the- Digits Number of Payments Rebate Fraction Need Help? Read It Viewing Saved Work Revert to Last Response Submit Answer 26. [-/2 Points] DETAILS BRECMBC9 13.11.054. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER (a) What is the rebate fraction of a 36 month loan paid off after the 13th payment? (b) What is the rebate fraction of a 42 month loan paid off after the 16th payment? 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 Payment Made Rebate Fraction $1,800 18 $125.89 15 Need Help? Read It Submit Answer 28. [-/3 Points] DETAILS BRECMBC9 13.11.042. MY NOTES ASK YOUR TEACHER ++ Finance Charge Rebate $ Loan Payoff PRACTICE ANOTHER 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.) Finance Amount Financed Number of Monthly Payments Payments Payment Rebate Charge Made Fraction Rebate $4,700 36 $167.33 31 $ Loan Payoff