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rolpace88 rolpace88
wrote...
Posts: 3242
8 years ago
The reduction of principal each month is equal to the payment amount plus one month's interest.
A) True
B) False
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
Read 291 times
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Answer verified by a subject expert
MillionMillion
wrote...
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Posts: 3708
8 years ago
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rolpace88 Author
wrote...
8 years ago
Not sure why I found this tricky. Now that I know the answer, it's almost self-explanatory.
wrote...
8 years ago
You're welcome. All I ask in return is a thumbs up!
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