Interest is deducted from the credit extended at the beginning of the loan under the

A)

simple interest method.
B)

add-on interest method.
C)

discount interest method.
D)

Rule of 78.

C

Business

You might also like to view...

According to the theory of ________, trade is beneficial even if one country is less efficient in the production of two goods, as long as it is less inefficient in the production of one of the goods

A) absolute advantage B) mercantilism C) comparative advantage D) factor proportions

Business

One way to accomplish privacy and protection of individuals' rights when data mining is by ________ of the customer records prior to applying data mining applications, so that the records cannot be traced to an individual

Fill in the blanks with correct word

Business