Multiple Choice
Use the Rule of 78 to find the amount of unearned interest for the loan paid in full before the date of maturity.
-Finance charge: $24,359 Total number of payments: 38
Remaining number of payments, when paid in full: 5
A) $346.50
B) $519.75
C) $328.73
D) $493.10
Correct Answer:

Verified
Correct Answer:
Verified
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