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 Loan Payoff $1,700 18 $123.89 13 15/171 Correct: Your answer is correct. $ Incorrect: Your answer is incorrect. $

and the payoff for the loan (in \$). (Round dollars to the nearest cent.) \begin{tabular}{|c|c|c|c|c|c|c|} \hline Amount Financed & Number of Payments & Monthly Payment & Payments Made & Rebate Fraction & Finance Charge Rebate & Loan Payoff \\ \hline$1,700 & 18 & $123.89 & 13 & 15/171 & \\ \hline \end{tabular}