What if Beth had made the same loan as an add-on interest loan? How would her payments

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What if Beth had made the same loan as an add-on interest loan? How would her payments differ? Why is there a difference?

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Question Posted: Oct 13, 2015 05:35 AM

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What if Beth had made the same loan as an add-on interest loan? How would her payments

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Calculate total interest 5000 8 4 years 1600 Interestprincipal 50001600 66...View the full answer

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