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Business, 06.05.2020 05:43 itzking411

Ou are the loan department supervisor for the Pacific National Bank. The following installment loan is being paid off early, and it is your task to calculate the rebate fraction, the finance charge rebate, and the payoff for each loan. Enter the rebate fraction in this form: numerator / denominator (e. g., 82/165). Do not round intermediate calculations. Round your answers for finance charge rebate and loan payoff to the nearest cent. Do not reduce to lowest terms. Amount Financed Number of Payments Monthly Payment Payments Made Rebate FractionFinance Charge Rebate Loan Payoff $6,50024$570.515

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Ou are the loan department supervisor for the Pacific National Bank. The following installment loan...
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