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When a borrower receives a discount loan the interest total is subtracted from the principal and the borrower receives the remainder what is remainder of the loan called?
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∙ 6y ago
loan proceeds
Magali Rodriguez
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When a borrower received a discount loan the interest total is subtracted from the principal and the borrower receives the remainder what is the remainder of the loan called?
loan proceeds
When a borrower receives a discount loan the interest total is subtracted from the principal and the borrower receives the remainder. What is the remainder of the loan called?
loan proceeds
Amount of money subtracted from sales price?
discount
When a borrower receives the face amount of a discounted note less interest the amount is known as?
When a borrower receives the face amount of a discounted note less interest the amount, this is known as a discount loan. A discount loan is not actually discounted in the traditional sense.
What is pure discount loan?
A pure discount loan is the simplest form of a loan. With such a loan, the borrower receives money today and repays a single lump sum in the future. A one year 10% pure discount loan, for example would require the borrower to repay $1.10 in one year for every dollar borrowed today. Hope this helps!
When a borrower receives a discount loan the interests total is subtracted from the principal and the borrower receives the remainder. What is the remainder of the loan called?
loan proceeds
When a borrower received a discount loan the interest total is subtracted from the principal and the borrower receives the remainder what is the remainder of the loan called?
loan proceeds
When a borrower receives a discount loan the interest total is subtracted from the principal and the borrower receives the remainder. What is the remainder of the loan called?
loan proceeds
When a borrower receives a discount loan the interest total is subtracted from the principal and the borrower receives the remainder what is the remainder of the loan called?
aplus loan proceeds
Price paid after the discount is subtracted is called?
Price paid after the discount is subtracted is called the discount price. This is also commonly referred to as the net price.
What is the price paid after discount is subtracted?
Tax
Amount of money subtracted from sales price?
discount
An amount subtracted from the regular price is called what?
A discount.
What is a price paid after the discount is subtracted?
Tax
What is it when Price paid after the discount was subtracted?
Total after rebate.
What a amount of money subtracted from the sales price?
That would probably be the discount.
What is money subtracted from the sale price?
Also known as a discount.
