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The loan below was paid in full before its due date. (a) Obtain the value of h from the annual percentage rate table. Then (b)
The loan below was paid in full before its due date. (a) Obtain the value of h from the annual percentage rate table. Then (b) use the actuarial method to find the amount of unearned interest, and (c) find the payoff amount. Regular Monthly Payment $344.94 APR 5.0% (a) h = $ (b) The unearned interest is $ (c) The payoff amount is $ Remaining Number of Scheduled Payments after Payoff 12 Click the icon to view the annual percentage rate table. (Round to the nearest cent as needed.) (Round to the nearest cent as needed.)
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