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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

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
$4,70036 $163.3332
2/21
$
130.99
Incorrect: Your answer is incorrect.
$
4,569.01
Incorrect: Your answer is incorrect.

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