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As long as the capital loan continues to get renewed yearly and isn't in arrears, principal can be compensated back whenever the customer wishes.
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∙ 8y ago
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What is th difference between interest and principal?
If you borrow some money, say 10 Dollars, the person who you borrowed from will want you to pay it back. The 10 Dollars you have to give back are the principal. Chances are, they'le want some extra money along with the principal. In this example we'll say an extra dollar. The extra money you pay back is called interest.
When a borrrower pays back a loan both the principal and the interest must be repaid what is the total amount you would pay back on a simple interest loan with a principal of 10500 at 6.3 percent for?
Simple interest means the interest is calculated one time on the total principal of the loan. Therefore, you would pay back $11,161.50 on this loan. However, simple interest loans are very uncommon; most loans in life have compound interest.
Do employers get paid on your 401k participation?
Sort of... Employers (generally regarded as highly compensated employees) are often not eligible to participate in the plan until the "non-highly" compensated employees contribute. To encourage the non-highly compensated employees to contribute to the plan, employers (or highly-compensated employees) will offer a match to induce participation. This participation then allows folks with larger incomes to contribute (and obtain tax deductions thereby.)
How do you pay back a cash advance?
The lenders get compensated as you become compensated. A little, agreed-upon number of each credit card transaction is going to be applied for the balance from the cash advance. Rather than paying a high payment per month that may weigh you lower financially, this automatic payment is flexible and enables you to definitely grow at the own pace.
Why does maturity date change?
It changes when the issuer does not have the money to pay back the principal and wants to still give out coupon on the bonds.
What is the role of the surety in a surety insurance contract?
The surety, then, is the party which guarantees that either the principal will perform adequately or the obligee will be compensated for the principal's failure.
Does skipping increases your height?
No. In principal the compression on the leg joints will "slightly" decrease your height. However this will be compensated during the night, when you will actually gain height.
Can a principal grab a student around the back of the neck?
no a principal can't grab a student unless the student is herting the principal.
You were in the hospital for bronchitis and i got fired. can you sue or be compensated?
compensated
What is a compensated semiconductor?
compensated semiconductor...SEMICONDUCTORS WHICH CONTAIN BOTH DONOR AND ACCEPTOR DOPANT ATOMS IN SAME REGION IS CALLED COMPENSATED SEMICONDUCTOR.
What is glock compensated?
The Glock website has all models currently being sold, including compensated.
Should you be compensated if your work closes?
If it is not as the contract said then you should be compensated coz they breaking your contract
What does compensated mean?
If you work for pay, that is an example of compensation.
When a borrower pays back a loan both the principal and the interest must be repaid What is the total amount you would pay back on a simple interest loan with a principal of 10500 at 6.3 percent for?
13,807.50
What happens at the End of term interest only loans do I pay back the remain principal how is this worked out?
what happens at the end of a interest only 30 year term? do I pay back the remaining principal ? how is this calculated ?
When was District of Columbia Compensated Emancipation Act created?
District of Columbia Compensated Emancipation Act was created in 1862.
What is th difference between interest and principal?
If you borrow some money, say 10 Dollars, the person who you borrowed from will want you to pay it back. The 10 Dollars you have to give back are the principal. Chances are, they'le want some extra money along with the principal. In this example we'll say an extra dollar. The extra money you pay back is called interest.
