The rule of 78s method, or sum of the digits method, is a widely used method of calculating a prepayment penalty

a. True
b. False
Indicate whether the statement is true or false

True

Business

You might also like to view...

EC can take several forms depending on the degree of digitization of the following three dimensions:

A) the product or service sold, the process, and the delivery method. B) the business process, the collaboration, and the transaction. C) the payment method, the delivery method, and the production method. D) the marketing channel, the agent, and the collaboration method.

Business

If the odds for you getting a credit card solicitation in the mail this month are 1 to 4, then which of the following statements is true?

A) The probability of getting a credit card solicitation is 0.25. B) The probability of getting a credit card solicitation is 0.20. C) The probability of getting a credit card solicitation is 0.80. D) The probability of getting a credit card solicitation is 0.75.

Business