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

- Homework Check -
**Latufah**, Friday, October 29, 2010 at 12:29am
Add on Plan

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