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Customer Service

Katie

Created on October 9, 2025

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Transcript

Customer Service

Calculating Pay Off Installment

From time to time, customers will call in to figure out the amount they would have to pay for their loan to be paid in full on a future date. For the following, please determine what the customer’s total payoff amount will be on the requested date. Assume all payments due prior to the requested date have been made.

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Customer wants to pay loan in full on 12/10/2025. Calculate the payoff.

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Customer wants to pay loan in full on 03/10/2025. Calculate the payoff.

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Customer wants to pay loan in full on 12/06/2025. Calculate the payoff.

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Customer wants to pay loan in full on 12/31/2025. Calculate the payoff.

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Customer wants to pay loan in full on 02/18/2026. Calculate the payoff.

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