Financial Algebra © Cengage/South-Western Slide 1 4-2 LOANS Read monthly payments from a table. Compute monthly payments using a formula. Compute finance.
CHAPTER 9 SEC 3 Consumer Loans. What is a consumer loan? Def. a loan that establishes consumer credit that is granted for personal use; usually unsecured.
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Financial Algebra © Cengage/South-Western Slide 1 4-3 LOAN CALCULATIONS AND REGRESSION Calculate the present value of a single deposit investment. Calculate.