« previous next »

Author Question: ________ is a method of computing interest based on the existing principal amount of the loan. (Read 192 times)

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
on: Apr 14, 2019

________ is a method of computing interest based on the existing principal amount of the loan.

Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


cswans24

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Apr 14, 2019
Simple interest


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
Reply #2 on: Apr 14, 2019
Excellent


cswans24

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Apr 14, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Performing Venipuncture Using the Vacutainer Method Performing Venipuncture Using the Vacutainer Method
The amount each injector is able to flow is displayed in glass cylinders are each injector for a ... The amount each injector is able to flow is displayed in glass cylinders are each injector for a ...
Principal component analysis of blood plasma metabolites in chronic myeloid leukemia (CML) patients Principal component analysis of blood plasma metabolites in chronic myeloid leukemia (CML) patients
How to calculate simple interest (Part 5; r = I/Pt) How to calculate simple interest (Part 5; r = I/Pt)
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
A mortgage loan of $132,000 at 6% compounded semiannually is to be amortized over 25 years by ... A mortgage loan of $132,000 at 6% compounded semiannually is to be amortized over 25 years by ...
Video: Lower Limb Arteries Animation

For a complete list of videos, visit our video library