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Annual Percentage Rate (APR) for Monthly Payment Loans Number of monthly loans (nl) Annual Percentage Rate (APR) 6.0% 6.5% 7.0% 7.5% 8.ON 8.5% 9.0% 9.5%

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Annual Percentage Rate (APR) for Monthly Payment Loans Number of monthly loans (nl) Annual Percentage Rate (APR) 6.0% 6.5% 7.0% 7.5% 8.ON 8.5% 9.0% 9.5% 10.0% 10.5% 11.0% 11.5% 12.0% 12.5% 13.0N (Finance charge per $100 of amount financed) th) 6 1.76 1.90 2.05 2.20 2.35 2.49 2.64 2.79 2.94 3.08 3.23 3.38 3:53 3.68 3.83 12 3.28 3.56 3.83 4.11 4.39 4.66 4.94 5.22 5.50 5.78 6.06 6.34 6.62 6.90 7.18 18 4.82 5.22 5.63 6.04 6.45 6.86 7.28 7.69 8.10 8.52 8.93 9.35 9.77 10.19 10.61 24 6.37 6.91 7.45 8.00 8.54 9.09 9.64 10.19 10.75 11.30 11 86 12,42 12.98 13.54 14.10 30 7.94 8.61 9.30 9.98 10.66 11.35 12.04 12.74 13.43 14.13 14.83 15.54 16.24 16.95 17.66 36 9.52 10.34 11.16 11.98 12.81 13.64 14.48 15.32 16.16 17.01 17.86 18.71 19.57 20.43 21.30 48 12.73 13.83 14.94 16.06 17:18 18.31 19.45 20.59 21.74 22.90 24.06 25.2326.40 27.58 28.77 60 16.00 17.40 18.81 20.23 2166 23.10 24.55 26.01 27:48 28.96 30.45 31.96 33.47 34,99 36.52 2.) Samira took out a loan to add a deck to her house. She decides to pay the loan back in full before its due date. If she's paying $175.20 monthly at 9.5% APR and still has 12 remaining scheduled payments after the payoff, find each of the following: (a) Obtain the value of h from the table above. (b) Use the actuarial method to find the amount of unearned interest. (c) Find the payoff amount

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