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If a 5 year loan with a finance charge of $2440 is paid off after 4 years, what is the amount of finance charge refunded

If a 5 year loan with a finance charge of $2440 is paid off after 4 years, what is the amount of finance charge refunded using the Rule of 78?

If $25,000 is deposited in an account paying 6% annual interest compounded quarterly, find the following:

(a) The value of the account at the end of 5 years

(b) The annual effective interest rate

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