0
Interest paid on both the principal and the interest on the principal is what?
Wiki User
∙ 15y ago
Compound Interest
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Interest paid on both the principal and the interest accumulated on the principal is called?
amount
What is the definition of an amortized loan?
An amortized loan is just a basic loan where the principal and interest are paid on a monthly basis. Usually, the majority of the interest is paid first, then the principal.
Does current portion of long term debt include interest?
No, only the principal to be paid during that year. Interest is separated and classified as Interest Expense.
What is a loan - repayment plan in which the principal plus interest is repaid at once?
Loans where the interest accrues over time and then the interest plus the principal are paid are known as "bullet" loans (derived from the theory that having to pay interest plus all of the principal at once is like taking a bullet by the borrower).
Does a mortgage amortization table show me interest paid?
Yes, most mortgage amortization tables will show you both the principal paid and the interest paid over every year of the life of the loan. There are many free amortization calculators online, including one at http://www.myamortizationchart.com.
Interest paid on both the principal and the interest accumulated on the principal is called?
amount
What is the best definition of compounding interest-?
Interest paid on interest previously received is the best definition of compounding interest.
What is interest paid on the original principal plus any interest that has been left in the account?
Campound interest
What is the definition of an amortized loan?
An amortized loan is just a basic loan where the principal and interest are paid on a monthly basis. Usually, the majority of the interest is paid first, then the principal.
Concering compound interest as the amount of principal increase the amount of interest paid decreases?
false
What Is the percent of the principal paid as interest per time period?
It is an increasing percentage as the repayment progresses. At the start, it is mostly interest and very little principal whereas near the end it is mostly principal and little interest.
Is both principal and interest paid out of a trust fund?
That depends entirely on the wording of the trust. It can be done either way.
How is interest different from compound interest?
Simple interest is interest paid on the original principle only, Compound interest is the interest earned not only on the original principal, but also on all interests earned previously.
Does current portion of long term debt include interest?
No, only the principal to be paid during that year. Interest is separated and classified as Interest Expense.
Is the percent of the principal paid as interest per time period.?
yes
Is the percent of the principal paid as interest per time period Answer?
yes
If a simple interest of 4.5 percent was paid at the end of the year then find the balance at the end of the year?
The formula for simple interest is Interest = Principal x Rate x Time ÷ 100 As the rate is an annual rate and the period is 1 year then Interest = Principal x 4.5/100. The balance at the year end = Principal + Interest = Principal x 104.5/100.
