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12 March, 12:36

2. Camilya White paid back a 12-month, $3,000 Rule of 78 installment loan at the end of the sixth month. The

total finance charge for the loan was $225. a. What was the amount of the unearned finance charges? b.

What was the amount of earned finance charges?

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  1. 12 March, 15:36
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