The is the sum of the number of months remaining on a loan divided by...

90.2K

Verified Solution

Question

Finance

image

The is the sum of the number of months remaining on a loan divided by the sum of the total number of months of the loan. Rule of 78 O constant ratio finance charge O refund fraction

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students