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Are late fees removed from the balance when paid with a regular payment?
Yes, for most loans. For most loans, the late fee is added to the minimum payment required (and the balance at the time of incurring the late fee) and will be deducted from the balance once the payment is received.
What is the difference between a regular payment and a principal payment?
A regular payment is a set amount of money paid at regular intervals, typically to cover interest and a portion of the principal balance. A principal payment is a payment made specifically to reduce the outstanding balance of the loan or debt.
Why would an investor be interested in the balance of payment?
An investor would be interested in the balance of payments because it provides insights into a country's economic health and stability. A positive balance indicates strong foreign investment and export performance, which can signal growth opportunities. Conversely, a persistent deficit may raise concerns about a country's ability to sustain its currency value and attract investment. Additionally, understanding the balance of payments helps investors gauge potential risks and make informed decisions regarding foreign investments.
What are the different methods of controlling balance of payment disequilibrium?
which of the following methods is effective in controlling balance of payments ?
What is meant by favourable balance of payment?
The function and object of business is to make balance of payment favourable by increasing exports and decreasing imports, because this position makes the country prominent in the world
Why would an investor be interested in the balance of payment of a country?
To know the liqiudity of that country.
Advantages and disadvantage of balance of payment?
advantages of balance of payment
Advantages and disadvantages of balance of payment?
advantages of balance of payment
India's balance of payment since 1991?
India's balance of payment since 1991
Does the balance of payment always balance?
International Balance of Payments
Elements of balance of payment?
Trade in goods Trade in service Imports and Transfer are the 4 main element of the balance of payment.
Why would it be useful to examine a country's balance of payment data?
why would it be useful to examine a country balance of payment data
What is balance of trade and payment?
Balance of payment is the difference between the money coming into the country and the money leaving the same country.
What are the effect of deficit in balance of payment in developing countries like Nigeria?
ways of controlling deficit balance of payment in nigeria
Should governments attempt to balance the promotion of individual and collective rights?
To what extent should governments attempt to balance the promotion of individual and collective rights?
What is balance of payment of Pakistan 2011?
Balance of payments in pakistan in 2011
What is Canada balance of trade and balance of payment?
Plus $85 billion
