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You borrow 30k from a private party and repay it back in one lump sum at the end of two years. How much should you pay in interest?
Cuteboys
The interest rate should have been agreed on in writing before the loan was made. If it wasn't, ask the person who loaned you the money what they would like or decide on an amount yourself.
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∙ 9y ago
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What is meaning borrower?
Borrower. A person or company that has received money from another party with the agreement that the money will be repaid. Most borrowers borrow at interest, meaning they pay a certain percentage of the principal amount to the lender as compensation for borrowing.
Is the interest deductible when you use a home equity loan to pay off a second mortgage?
The interest on the second mortgage is deductible but not the home equity loan. If you could deduct the interest on the equity loan also, then you would be double dipping and the IRS doesn't like that. In every situation, one party can and the other party can deduct the interest. Someone has to pay tax on the money transfer.
What is the limit on the amount of interest a third party debt collector can charge?
Can a law firm charge interest that is more than the debt in new york city
What are interest rate swaps?
In interest rate swaps, each party agrees to pay either a fixed or a floating rate in a particular currency to the other party. The fixed or floating rate is multiplied with the Notional Principal Amount (NPA). This notional amount is not exchanged between the parties involved in the swap. This NPA is used only to calculate the interest flow between the two parties. The most common interest rate swap is where one party 'A' pays a fixed rate to the other party 'B' while receiving a floating rate which is pegged to a reference rate like LIBOR.
How does a secured loan differ from an unsecured loan?
A secured loan is a loan that some monetary interest (money or property of value) attached to the loan to insure its repayment. If the loan is not repaid, the monetary interest becomes the property of the loaning party. A unsecured loan does not have a monetary interest attachment.
Where would it be possible to source a private party auto loan?
To find a private party auto loan, one should first try a local credit union. They are often good places to look for an auto loan with a good interest rate.
How much should you pay a waitress to serve at a private party?
15-20$ an hours
Who sings the song Private Party?
There is no song called "Private Party". However, there is a song called "Party for Two" by Shania Twain, which has the words "private party" in the lyrics.
When was Private Party created?
Private Party was created on 1990-08-14.
When was Private Beach Party created?
Private Beach Party was created in 1985.
What term describes a non-party private groups organized to elect gov't officials in order to promote their group's interests?
an interest group? maybe
How do you say private party in spanish?
Some one is having a party and it is private = Fiesta privada As in a private person (Party of the first part...) = Parte privada
How do you use 'reciprocate' in a sentence?
I turned down their invitation to dinner because, at this time, I wouldn't be able to reciprocate.
Is there any custom as to who should express oral thanks on behalf of guests for the hospitality of their hosts at a private dinner party?
Each guest that attends the private dinner party should express their gratitude to the host at a private dinner part. However, with some couples the female often speaks for her spouse as well thanking the host.
What should i do if my husband and i don't communicate and your losing interest in him but you still are attracted to him but that's it?
You should suggest to the husband that you go to a swingers party.
Who sings the party song?
There is no song called "Private Party". However, there is a song called "Party for Two" by Shania Twain, which has the words "private party" in the lyrics.
What is meaning borrower?
Borrower. A person or company that has received money from another party with the agreement that the money will be repaid. Most borrowers borrow at interest, meaning they pay a certain percentage of the principal amount to the lender as compensation for borrowing.
