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13. [0.66/2 Points] DETAILS PREVIOUS ANSWERS BRECMBC9 13.11.040. MY NOTES ASK YOU You are the loan department supervisor for a bank. This installment loan is
13. [0.66/2 Points] DETAILS PREVIOUS ANSWERS BRECMBC9 13.11.040. MY NOTES ASK YOU 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 rell $). (Round dollars to the nearest cent.) Payments Amount Number of Monthly Payments Financed Rebate Payment Made Fraction $1,800 18 $122.89 14 10/171 Need Help? Read It Finance Charge Rebate Loan Payoff $24.05 x 454 02 x
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