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GoodMad_ GoodMad_
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7 years ago
Under the "Rule of 78," the interest earned by the lender is
A) calculated using the simple interest method.
B) a miscellaneous deduction on your federal tax form.
C) uniformly spread over the life of the loan.
D) disproportionately pushed to the front of the loan period.
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
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#2
7 years ago
Another one bites the dust, as in, it's right Smiling Face with Open Mouth
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