Jennifer Siegel bought a new Ford Focus for $$18,100.$ She made a down payment of $$4525$ and she financed the balance at $$524\mathrm{.}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.

Part $1$ of $3$

The finance charge on the loan was intended to be $ under the original payment plan.

Part: $\frac{1}{3}$

Part $2$ of $3$

The unearned interest if it is paid off after $3$ years is $$.($Round to the nearest cent.$)$

Undo