Question
The APR is the stated interest rate because the Term of the loan is more than six months Formula to compute finance charges is the
The APR is the stated interest rate because the
Term of the loan is more than six months
Formula to compute finance charges is the same for the discount and simple interest methods
Discount method was used to calculate finance c
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
978-1118875056
