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The following loan was paid in full before its due date. a) Find the value...

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Accounting

The following loan was paid in full before its due date. a) Find the value of h using an appropriate formula. b) Use the actuarial method to find the amount of unearned interest. c) Find the payoff amount.

Regular Monthly Payment $221

APR 8.5%

# of Payments Remaining after Payoff 4

What is the finance charge per $100 financed?

h=

The unearned interest is about

The payoff amount is

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