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federal debt
What else can I help you with?
What is the interest and the total amount of money that the US government has borrowed known as?
The National Debt
Define national debt?
the total amount of money that a country's central government has borrowed and is not still paid.
The total number of borrowed money the federal government has yet to pay back is called?
national dept
What do you mean by fiscal deficit?
When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings). Deficit differs from debt, which is an accumulation of yearly deficits.
What is the total interest paid on the principal amount borrowed?
The total interest paid on the principal amount borrowed is the additional money paid on top of the original loan amount as compensation to the lender for borrowing the money.
What is the interest and total amount of money that the US borrowed?
either surplus or deficit :p
What are principal and interest on a loan?
The principal is the initial amount borrowed in a loan. Interest is the cost charged by the lender for borrowing that principal amount. The total repayment amount on a loan typically includes both the principal and the interest.
How do lenders make money from borrowers?
Lenders make money from borrowers by charging interest on the money they lend. Interest is a fee that borrowers pay for the privilege of borrowing money, and it is typically a percentage of the total amount borrowed. This allows lenders to earn a profit on the money they lend out.
When we talk of interest rates are these the borrowing rates or the lending rates?
When we talk of interest rates , we are talking of the interest rate on the total amount of money borrowed by a person.
Why is the interest on a loan typically higher than the principal amount borrowed?
The interest on a loan is typically higher than the principal amount borrowed because it is the cost of borrowing money from a lender. Lenders charge interest as a way to make a profit and compensate for the risk of lending money. The interest is calculated as a percentage of the principal amount and is added to the total amount owed, making the overall repayment higher than the initial borrowed amount.
How much money does Australian Government earn a year?
Total taxation revenue for the government of Australia was $445,965min 2014-15.
How do you calculate how much you will pay in interest on a loan or credit card?
To calculate the interest on a loan or credit card, you multiply the interest rate by the amount borrowed and the length of time the money is borrowed for. This will give you the total amount of interest you will pay over the loan or credit card term.
