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As far as credit cards/credit accounts, you will not have to make any payments and no interest will be added till said date.
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∙ 16y ago
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What does aggregate lease payments mean?
The sum of all payments including principle and interest.
What do you mean by factor payments?
Factor payments means is a wage or interest or rent or profit payment for a service of scarce resources, in return for a productive services.
The number of payments in future cash flow has what relationship to interest rate?
The number of payments is directly related to the interest rate.
What is the name of the interest payments that a bondholder receives for purchasing a bond?
Apex- Coupon
How does compound interest differ from simple interest?
With compound interest, you earn interest on the interest. Basically the interest payments are reinvested into the account whereas with simple interest, you only earn interest on the original balance. The interest payments are kept separate of the balance that you invested i.e.: with a bond, the interest payments don't go into a balance, you just get a check for them or rather your broker receives the check on your behalf and deposits it into your money market account which is separate from the bond that you purchased.
What company has the lowest interest credit cards?
Interest fees vary depending on the credit card company. Most companies apply interest based on your credit score and credit history. To obtain a lower interest rate, increase your monthly payments or make payments more frequently. The more payments you make the lower your interest will be.
Creditor payments difference from cost of sales?
The creditor total payments will differ from the price of the sale unless you have a 0% interest loan. The interest armoritized in the amount of the total of payments. Some companys have simple interest loans, meaning that the interest is accumulated on a daily basis, rather than being financed for the full term of the loan. When payments are made in a timely manner or earlier, you will save alot on interest charges.
Why won't my bank let me make a principal only payment on my loan?
Banks have specific policies in place that may not allow principal-only payments on loans as they rely on interest accumulation for profit. It's important to review your loan agreement and discuss options with your bank to understand their limitations and potential alternatives for early repayment.
Briefly discuss Interest with the help of example?
Payments for those goods which are used to produce other goods are called interest ie payments (remuneration) or capital.
What is a government outlay?
govt transfers + interest payments
What is the average interest rate on house payments?
6%
What is government outlay?
govt transfers + interest payments
