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Find the finance charge refund if it is paid off

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Reference no: EM131623196

Question: 1. The finance charge on a copier was $1,778. The loan for the copier was to be paid in 18 monthly payments. Find the finance charge refund if it is paid off in eight months.

2. Becky Whitehead has a loan with $1,115 in finance charges, which she paid in full after 10 of the 24 monthly payments. What is her finance charge refund?

Reference no: EM131623196

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