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Use the Loan Payoff Table to determine both the finance charge and the payment required to amore a loan of $5500 at an annual interest

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Use the Loan Payoff Table to determine both the finance charge and the payment required to amore a loan of $5500 at an annual interest rate of 8% with a form of 18 monthly payments Click the icon to view the Loan Payoff Tatim The amount of each payment is (Round to the nearest cant as needed) The finance charge is 0 Loan Payoff Table X Number of Months APR 18 30 $ APR 5914 01523 0441 11 03134 03180 00738 02785 9% 10% Boss 05735 18781 15960 06006 04568 04615 1049 0253 (2008 02076 02125 TEXOV 10% 10250 02307 00356 00206 115 18274 5098 04661 04701 1754 0235 13% 14% S7190 26197 NICHT 08875 2 00970 04018 04.16 04115 04164 04213 03 03321 13300 15418 03457 08516 3568 1928 097 03105 03073 03125 03176 0323 0827 03330 901 0499 143% 04944 09013 08041 180 IIS 125 13% 145 155 165 00630 003 1273 12783 1024 CAS 02937 029 2507 112558 10610 175 15% 29 1002 0337 04EZ ARS 12800 294 NO 175 10715 1010 WO YILED 185 195 2173 Print Done o

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