Wednesday
September 2, 2015

Homework Help: Homework Check

Posted by Ariel on Monday, September 27, 2010 at 9:26pm.

1.)In a(n) _________ , simple interest is added on to the amount borrowed and the total is repaid in equal installments.
a.)Monthly installment plan
=b.)add on plan
c.)Single-payment plan

2.)In a(n) _________ , interest is charged on the unpaid part of the loan, and the loan is repaid in equal monthly installments.
=a.)Monthly installment plan
b.)add on plan
c.)Single-payment plan

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Members