answersLogoWhite

0

What is explicit interest?

User Avatar

Wiki User

9y ago

Best Answer

Explicit interest is the amount of money that is paid on a loan. This means that it is a fixed amount of interest.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is explicit interest?
Write your answer...
Submit
Still have questions?
magnify glass
imp