Marisol finances a sports car for $27,100 by taking out an installment loan for 36 months. The payments were $978.61 per month and the total finance charge was $8,129.96. After 22 months, Marisol decided to pay off the loan. After calculating the finance charge rebate, find her loan payoff amount.

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Lets calculate Marisols loan payoff amount after 22 months considering the finance charge rebate Fir... View the full answer