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A loan that does not charge interest on interest over the life of the loan is using a. effective annual interest. Ob. compounded interest.
A loan that does not charge interest on interest over the life of the loan is using a. effective annual interest. Ob. compounded interest. c. simple interest. Od. periodic interest.
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
