0
It means if u have something on hire purchase over a longer period you have to pay interest .
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What the meaning of cheap?
A bargain; a purchase; cheapness., Having a low price in market; of small cost or price, as compared with the usual price or the real value., Of comparatively small value; common; mean., Cheaply., To buy; to bargain.
Why interest rate spread is leading indicator?
To understand why the interest rate spread is a leading indicator, one must interpret the interest rate as the price of money. A high interest rate means that obtaining money is costly. If interest rate spreads are great, this means investors are anticipating an increase in the price of money. The price of money will increase due to an increase in the quantity of money demanded (and an increase in demand). Investors see the economy recovering, and in the process of this recovery, they see an increase in demand for money (loans etc.) to buy new capital and purchase other nondurables. Therefore the price of money increases and thus the spread increases.
Self-interest helps achieve society's economic goals because of what?
Self interest helps achieve society's economic goals because people have a desire to purchase services and goods. In order to do this they must generate an income, meaning they have to work. This money is then funneled back into the economy when they purchase these goods and services.
Is the price at which bonds sell determined by the interaction of stated rates of interest and market rates of interest?
Yes, the price at which bonds sell are determined by the interaction of stated rates of interest and market rates of interest.
What is different about interest rates or price credit from other prices in the economy?
what is different about interest rates, or price of credit, from other prices in the economy
When you lease do you pay interest on the price of the car?
The interest is calculated on the purchase price (not the msrp or the difference between the price and the residual) so negotiate as big a discount as you can to pay less interest.
What is the car payment for a Chrysler 300?
That depends on the purchase price, interest rate, and length of the loan.
What occurs when a bond's stated interest rate is greater than the market interest rate?
The bond's price will be in premium, meaning exceed 100
Is the issue price of bonds equal to the present value of the principal plus the present value of the interest?
The price of bonds are not equal to the present value and principal upon purchase. The interest is accrued over a certain time period, then collected.
Is it a purchase or refinance when one heir buys out the other?
That would be the purchase of an interest in real property.That would be the purchase of an interest in real property.That would be the purchase of an interest in real property.That would be the purchase of an interest in real property.
What would be the payment on a Chevy Camaro 2012?
Depends on purchase price, down payment, interest rate, length of loan, etc...
What is the price of a condo?
When you purchase a condominium, you purchase the unit. As well, you purchase an interest in the real estate assets owned by the community. These assets may include common areas, limited common areas, amenities, roadways, parks and so forth. Generally, all these assets are included in the price of a condominium.
What is zero interest debenture?
Issue of the zero interest debenture does not carry any explicit rate of interest.The difference between th face value and the purchase price is the return to the investor(lender).
Is it good for something to be interest-free?
Sometimes. When you are buying something on credit, interest free means you do not pay interest on the purchase. However, if the sale price is much higher than another store selling the same thing, but charging interest, it might not be a good deal.
What gross purchase price mean?
gross purchase price
What is the duration of The Purchase Price?
The duration of The Purchase Price is 1.13 hours.
When was The Purchase Price created?
The Purchase Price was created on 1932-07-23.
