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What institution is in charged with managing the nation27s monetary policy by setting interest rates?
the federal reserve
Can interest be charged on child support interest?
No... this is illegal..(Federal).....no intrest can be charged on owed interest.
What is the true annual rate of interest charged?
The true annual rate of charged interest is called the annual percentage yield. It is the interest charged and compounded against.
What is the Roman inquistion?
The Roman Inquisition had nothing to do with ancient Rome. It was a medieval institution charged with maintaining and defending the Catholic faith,The Roman Inquisition had nothing to do with ancient Rome. It was a medieval institution charged with maintaining and defending the Catholic faith,The Roman Inquisition had nothing to do with ancient Rome. It was a medieval institution charged with maintaining and defending the Catholic faith,The Roman Inquisition had nothing to do with ancient Rome. It was a medieval institution charged with maintaining and defending the Catholic faith,The Roman Inquisition had nothing to do with ancient Rome. It was a medieval institution charged with maintaining and defending the Catholic faith,The Roman Inquisition had nothing to do with ancient Rome. It was a medieval institution charged with maintaining and defending the Catholic faith,The Roman Inquisition had nothing to do with ancient Rome. It was a medieval institution charged with maintaining and defending the Catholic faith,The Roman Inquisition had nothing to do with ancient Rome. It was a medieval institution charged with maintaining and defending the Catholic faith,The Roman Inquisition had nothing to do with ancient Rome. It was a medieval institution charged with maintaining and defending the Catholic faith,
What percentage of loan is charged as interest?
It varies ... loans for different items are charged at varied interest rates.
Can interest be charged on interest on income tax?
Sure.
What is principal interest?
Principal interest refers to the interest charged on the principal amount of a loan or investment. The principal is the original sum of money borrowed or invested, and interest is the cost of borrowing that money or the return on investment. In loans, interest is typically calculated as a percentage of the principal, and it accrues over time until the loan is repaid. Understanding principal interest is essential for managing debts and investments effectively.
What is the difference between interest rates and interest costs?
Interest rates refer to the percentage charged on borrowed money or earned on savings, typically expressed annually. In contrast, interest costs are the actual monetary amount paid in interest over a specific period, which can be influenced by the interest rate, the principal amount borrowed, and the duration of the loan. Essentially, the interest rate is a rate, while interest costs reflect the total expense incurred due to that rate.
Can interest be charged on interest?
Interest is usually not charged on interest and is called capitalizing interest. On some occassions banks may roll interest on a note and thus charge interest on the interest, but this is not advisable and is only done in certain situations that demand that it be done.
What does zero percent interest means?
There is no interest being charged.
What is bank account interest?
interest charged to bank accounts
What is charged off loans?
interest
