Use the actuarial method to find the amount of unearned interest for the loan paid in full before the due date.Amount Financed: $10,000 Regular Monthly Payment: $224.98Total Number of Payments scheduled: 60Loan repaid in full instead of making: 24th payment
A. $1335.83
B. $1654.71
C. $1389.57
D. $1374.00
Answer: D
Mathematics
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B.
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C.
D.
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A. No B. Yes
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Simplify by dividing.
A. 0 B. -28 C. 28 D. undefined
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