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  3. Study Set
    Practical Business Math Procedures Study Set 2
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    Exam 10: Simple Interest
  5. Question
    In the US Rule, the First Step Is to Calculate Interest on Interest
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In the US Rule, the First Step Is to Calculate Interest on Interest

Question 2

Question 2

True/False

In the U.S. Rule, the first step is to calculate interest on the total life of the loan.

Correct Answer:

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