Unit 4: Interest and Loan Calculations - Discussion

Sep 22nd, 2015
HelloWorld
Category:
Mathematics
Price: $10 USD

Question description

An installment loan is a loan that has regular payments due by the borrower. Search the Internet to find an article or application of a type of installment loan that you find interesting, that you encounter on a daily basis, or that you find in your profession. Present this article or application to the class and explain why you chose the example. Find the amount financed, the installment price, and the finance charge of the installment loan. Include the URL for the site you used. Do not copy the text in the site verbatim. You should summarize your findings.

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