0

What is a fixed interest?

Anonymous

∙ 17y ago

Updated: 8/16/2019

Fixed interest means that the interest on a loan or deposit does not change as the result of market fluctuations.

Wiki User

∙ 17y ago

What else can I help you with?

Related Questions

What is Fixed interest or treasury notes?

Treasury Note is a debt interest and carry a fixed coupon rate of interest. It means the interest rate is fixed on the treasury note and it is given to the holder.

Is the interest rate on this credit card variable or fixed?

The interest rate on this credit card is fixed.

How does a fixed interest rate loan work?

A fixed interest works as follows. You agree an amount you want to borrow, at what interest rate, and for how long. You then pay back that loan with that interest rate fixed, until the term ends.

What is a fixed percent of a principle?

It is a fixed rate of simple interest.

What is the monthly interest rate for fixed rate bonds?

The monthly interest rate for fixed rate bonds is the annual interest rate divided by 12.

Journal entry for the interest on a fixed asset purchase?

Debit fixed assetdebit interest expenseCredit cash /bank

What is the benefit of fixed deposit interest rates?

Fixed deposit interest rates is a guaranteed interest rate for the entire term of an investment. They allow for the customer to earn high interest rates.

What is interest cover?

Interest cover means how much profit is available to pay the fixed interest expenses when due.

How do you make journal entries on provision on interest on fixed deposit?

To make a journal entry for provision on interest on fixed deposit, you would debit the Provision for Interest on Fixed Deposit account to recognize the expense and credit the Interest Income account to reduce the income earned on the fixed deposit. This adjustment ensures that the financial statements reflect the estimated liability for future interest payments accurately.

Fixed Rate Mortgage vs. Interest Only Mortgage?

Fixed Rate Mortgage vs. Interest Only Mortgage A fixed rate mortgage has the same payment for the entire term of the loan. Use this calculator to compare a fixed rate mortgage to Interest Only Mortgage.

What is Accounting entry of interest on fixed deposits?

fixed deposit A/c dr. to int on fixed deposit

Can you change from a variable loan to a fixed loan?

If agreed by the Bank/Loaner - fixed load has fixed interest

Trending Questions

What figurative language is in the graveyard book? How can you use depending on in a sentence? How do you replace oil pump for 1995 Mazda millennium 24 valve? What does 41600 per year equate to as an hourly rate? Spells to make on adventure quest? How old should chicks be before you let them outside They are already in their coop and there are 8 of them Should you put them in a run first? A reason for criminal act is called an? What is the square root of 75 divided by the square root of 3? What is distance between mercury and earth in scientific notation? A narrow stretch of sea that runs between cliffs or steep slopes? When did Niralamba Swami die? Can you bring your pet rat to a petco? Does Mars have clouds? Where does permanent colour sit in the hair structure? How do you use prohibited in a sentence? What is the oil capacity on 1998 Mercury Sable? What temperature do you cook plain chicken breasts? How much luggage is allowed for Economy class by British Airways to US via London? Does red bull energy use red bull intestines? What consumers are in woodlands?

Resources

Top Categories

Product

Company

Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.