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When you take a loan out from a bank, or wherever, they will expect you to pay interest. This means that you pay back what you took out on a loan, plus extra money. So for example, if you took a loan out for $500, and let's say you have to pay it back with 15% interest, you would pay back $575.
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How was France's interest in the Revolutionary War financially important?
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What does a credit score of 795 mean?
Awesome interest rates and it says a lot about you financially
How can credit hurt you financially?
Credit can hurt you financially by leading to high interest rates, fees, and debt if not managed responsibly. It can also impact your ability to get loans or favorable terms in the future.
Can you take out life insurance for someone else?
There must be insurable interest between you and the person you want to insure. Insurable interest mean that you must be financially and emotionally affected if the person dies.
What does a high times interest earned ratio indicate?
A high times interest earned ratio indicates that a company is able to easily cover its interest expenses with its operating income. This suggests that the company is financially stable and less risky for investors.
Can you use one credit card to make a monthly payment on another credit card?
People do it all the time, usually to lower the cost of the interest they pay. You don't want to keep this up, the interest will devour you (financially speaking).
What is sovereign bank guarantee?
Sovereign banks guarantees are financial guarantees in order to financially promote things that are in the public interest. These bank guarantees are used as economic incentives.
Is PayPal a good way to control your money?
Money you have sitting in your PayPal account would be put to better use for you financially if you paid it into an interest-bearing account instead.
What is the adverb of financial?
Financially, as in "The company was financially sound."
What is the concept that for instance you are on a board for your condo but you also get referrals for your business through your association with the board?
The concept is called 'conflict of interest', especially if your position on the board benefits you financially through your business.
Help Yourself Financially By Paying Off Your Car Loan?
As an active participant in the capitalist world, you have to have realized by now that interest makes the world go around. When you are paying interest, you are giving money away. If you want to truly save money and help yourself financially, then you might start by paying off the car loan as quick as possible. The issue with car loans is that they carry high interest rates. They carry rates that are typically higher than other loans, so the longer you take to pay it back, the more money you are just throwing into the hands of creditors.
What is gilt edged securities market?
Gilt-edged securities are a high-grade investment with very low risk. Typically, these are issued by blue chip companies that dependably meet dividend or interest payments because they are well-established and financially stable .-jaizal
