Why are loan payments under the simple interest method, Financial Management

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Why are loan payments under the simple interest method

1. Add-On Interest. How are payments calculated under the add-on interest method?

2. Simple Versus Add-On Interest. Why are loan payments under the simple interest method usually lower than loan payments under the add-on interest method?

3. Buying a Car. List the steps in buying a car. What financial criteria should be considered? Discuss each briefly.

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Financial Management: Why are loan payments under the simple interest method

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Financial Management: Why are loan payments under the simple interest method

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