With a discount method single-payment loan,the entire interest charge is subtracted from the principal before you receive the money,and at maturity you repay the principal.

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In a discount method single-payment loan, the interest charge is subtracted from the principal upfront, so you receive the principal minus the interest. At maturity, you repay the principal, but no further interest accrues.

With a Discount Method Single-Payment Loan,the Entire Interest Charge Is