What methods are used to calculate interest on a single-payment loan? Which method is preferable to the

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What methods are used to calculate interest on a single-payment loan? Which method is preferable to the consumer?

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Personal Finance Turning Money into Wealth

ISBN: 978-0133856439

7th edition

Authors: Arthur J. Keown

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Question Posted: Jan 13, 2016 01:38 AM

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What methods are used to calculate interest on a single-payment loan? Which method is preferable to the

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Both the simple interest method and the discount metho...View the full answer

Personal Finance Turning Money into Wealth

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