If you were the borrower, how would you feel about the fact that interest costs are higher

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If you were the borrower, how would you feel about the fact that interest costs are higher in the early months of a declining balance loan than they are in the later months?

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Personal Finance

ISBN: 978-1337099752

13th edition

Authors: E. Thomas Garman, Raymond E. Forgue

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Question Posted: Apr 24, 2017 10:16 AM

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If you were the borrower, how would you feel about the fact that interest costs are higher

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A declining balance loan may have higher finance charges in the early months ...View the full answer

Personal Finance

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