The loan was paid in full before its due date. Obtain the value of h from the given table. Then use the actuarial method to find the amount of unearned interest and the payoff amount.

Regular monthlypayment: $497.17

497.17

APR: 10.0

10.0%

Remaining number of scheduled payments afterpayoff: 18

18

Annual Percentage Rate(APR)

Num of monthly payments

9.0%

9.5%

10%

10.5%

11%

Finance charge per$100 of amount financed(h)

6

$2.64

$2.79

$2.94

$3.08

$3.23

12

$4.94

$5.22

$5.50

$5.78

$6.06

18

$7.28

$7.69

$8.10

$8.52

$8.93