INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-The Rule of 78 is used to calculate [APR | balance due] when an installment loan is paid off early.
A)for the first item
B)for the second item
C)if neither item will correctly complete the statement.

Question

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. 
-The Rule of 78 is used to calculate [APR | balance due] when an installment loan is paid off early.
A)for the first item
B)for the second item
C)if neither item will correctly complete the statement.

Quizplus · Accepted Answer

The Answer of INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. 
-The Rule of 78 is used to calculate [APR | balance due] when an installment loan is paid off early.
A)for the first item
B)for the second item
C)if neither item will correctly complete the statement.

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which