Solve the problem.The finance charge on a loan taken out by Ximena is $713. If there were 48 equal monthly installments needed to repay the loan, and the loan is paid in full with 9 months remaining, find the amount of unearned interest. (Round answer to the nearest cent.)

A. $27.28
B. $22.76
C. $472.91
D. $468.38


Answer: A

Mathematics

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