A 30-month loan that has interest of $3,987 is paid in full with 7 months remaining. Find

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A 30-month loan that has interest of $3,987 is paid in full with 7 months remaining. Find the amount of interest to be refunded using the rule of 78.

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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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Question Posted: Mar 11, 2016 01:50 AM

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A 30-month loan that has interest of $3,987 is paid in full with 7 months remaining. Find

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From Table 122 the sum o...View the full answer

Business Math

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