Business, 13.09.2019 01:30 willowcollins3753
Which formula dictates that you pay more interest at the beginning of a loan and pay less and less interest as the debt is reduced?
a. adjusted balance method
b. accelerated balance
c. the rule of 78s
d. average daily balance
e. previous balance method
Answers: 1
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Which formula dictates that you pay more interest at the beginning of a loan and pay less and less i...
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