White Plains Public Schools / Overview
Loan Payments, Credit Cards, and Mortgages. Pages 2. 69 - 283. Suppose you pay only the interest on a loan. Will the loan ever be paid off? Why not?No, because the loan would never be paid off and you will pay the interest forever. What is an installment loan? Explain the meaning and use of the loan payment formula.A loan that you pay off with ... ................
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