Find the finance charge refund if she pays off the loan

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Question: Alice Dubois was charged $455 in finance charges on a loan for 15 months. Find the finance charge refund if she pays off the loan in full after 10 payments.

2. Find the finance charge refund on a 24-month loan with monthly payments of $103.50 if you decide to pay off the loan with 10 months remaining. The finance charge is $215.55.

Reference no: EM131623209

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