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What else can I help you with?
What is interest expense on balance sheet?
When you pay back a loan or mortgage, part of each payment is interest, the rest is principal. For the interest part you would have Interest Expense, for the principal part something like Mortgage Expense.
Why does my interest and principal fluctuate?
Your interest and principal fluctuate because the amount of money you owe on a loan changes over time. When you make a payment, part of it goes towards paying off the principal (the original amount borrowed) and part of it goes towards paying the interest (the cost of borrowing the money). As you make payments, the balance of your loan decreases, causing the interest and principal amounts to fluctuate.
What is the principal payment on a car?
I think you are referring to the principal on a car loan. The principal is the amount actually due on the loan. When you make a monthly payment, the first part of the payment is applied to interest and then to the principal. Example: You have an outstanding balance of $1000 this month at 12% interest, and your payments are $100 per month: From your $100 payment, $10 is for interest, and $90 is applied to the principal.
When the amount earned on a deposit has become part of the principal at the end of a specified time period the concept is called?
compoind interest
The mortgage is interest only. how is the effect to mortgage?
It is considered a term mortgage which is how mortgages were before the amortized mortgage. In a amortized mortgage a part of every payment goes to principal (the amount you owe) and a part goes toward interest (what the bank charges to loan you the money) In the beginning almost all of the payment goes toward interest but as time goes by more goes toward the principal and less toward the interest until the principal is paid off. The interest only mortgage only pays the interest so you never pay off your debt.
What output will a simple mortgage calculator give me?
A simple mortgage calculator will give you the amount of your monthly payment. It may also break it down in to what part is interest and what part goes toward the principal.
When the amount earned on a deposit has become part of the principal at the end of a specified time period the concept is called Answer discount interest compound interest primary interest?
If the interest is reinvested and so itself gains interest (in the next interest period) it is compound interest.
What principal is not part of the constitution?
skinner
If a verb belongs to third conjugation what will the second principal part end in?
The second principal part of a verb in the third conjugation will end in -ēre.
Which principal part is this verb form?
there is no verb
What is the principal part of the respiratory system?
the lungs
What is the third principal part for ducit?
duxit
