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1 2 S Desiree Espa of Jennifer Siegel bought a new Ford Focus for $ 1 8 , 1 0 0 . She made a

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Desiree
Espaof
Jennifer Siegel bought a new Ford Focus for $18,100. She made a down payment of $4525 and she financed the balance at $524.90 a month for 4 years. Jennifer decided to pay off her loan at the end of 3 years. Find the finance charge, the unearned interest using the Rule of 78, and payoff amount.
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Part 1 of 3
The finance charge on the loan was intended to be $, under the original payment plan.
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