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

You are the loan department supervisor for a bankThis 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 Monthly Payments Payments Payment Mode Rebate Fraction Finance Charge Rebate Loan Payoff 4,600 amount finance number of payments 36 payments made 32

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