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GoodMad_ GoodMad_
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Posts: 3898
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7 years ago
Under the add-on method for determining payments on a consumer loan,
A) a service charge for loan handling is added to the amount borrowed.
B) interest is only added to the final monthly payment on the loan.
C) service charges are added to the each monthly payment.
D) interest is added to the amount financed in order to determine the total monthly payments.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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imoyseimoyse
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7 years ago
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GoodMad_ Author
wrote...
7 years ago
I'll mark it solved, you deserve it
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