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You are the loan department supervisor for a bank. This installment loan is being paid off early, and it is your task to calculate the

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You are the loan department supervisor for a bank. This installment loan is being paid off early, and it is your task to calculate the rebate fraction, the finance charge rebate (in $), and the payoff for the loan (in $). (Round dollars to the nearest cent.) Amount Financed Number of Payments Monthly Payment Payments Made Rebate Fraction Finance Charge Rebate Toan Payoff $1,800 18 $126.89 14 Need Help? Read 14. [-/1 Points) DETAILS BRECMBC9 13.11.044.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose you take out a 36-month installment loan to finance a delivery van for $26,100. The payments are $985 per month, and the total finance charge is $9,360 After 25 months, you decide to pay off the loan. After calculating the finance charge rebate, find your loan payoff (in $). (Round your answer to the nearest cont.) $ You are the loan department supervisor for a bank. This installment loan is being paid off early, and it is your task to calculate the rebate fraction, the finance charge rebate (in $), and the payoff for the loan (in $). (Round dollars to the nearest cent.) Amount Financed Number of Payments Monthly Payment Payments Made Rebate Fraction Finance Charge Rebate Toan Payoff $1,800 18 $126.89 14 Need Help? Read 14. [-/1 Points) DETAILS BRECMBC9 13.11.044.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose you take out a 36-month installment loan to finance a delivery van for $26,100. The payments are $985 per month, and the total finance charge is $9,360 After 25 months, you decide to pay off the loan. After calculating the finance charge rebate, find your loan payoff (in $). (Round your answer to the nearest cont.) $

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