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How much is 5 years auto loan at 0.9 percent interest?
That would depend on the original principal (the amount you borrowed) and how they compute interest.
When you borrowed $50 from your rich cousin, and then had to pay her back $60, what is the original $50 called?
The original $50 loan would be considered the principal amount. The extra $10 would be considered interest charged on the principal.
The initial amount of money borrowed or saved?
principal
A deposited an amount in a bank which gives 10 percent simple interest At the end of the fifth year he received a total of Rs 30000 The amount deposited by him was?
Let A = amount balance after 5 years = Rs 30,000 r = 10% = 0.1 t = 5 years P = amount deposited A = Pert 30,000 = Pe(0.1)(5) 30,000 = Pe0.5 30,000/e0.5 = P 18,195.92 = P The amount deposited was Rs 18,195.92.
What is a pre-established amount that can be borrowed on demand?
Line of credit
What refers to the original amount of money borrowed?
The original amount of money borrowed is known as the principal.
The amount of money deposited or borrowed is the?
It is sometimes called the capital.
The amount of money you borrowed is called the what?
The original amount of money borrowed is known as the principal.
What following refers to the original amount of money that has borrowed on the loan?
principle
What is principle amount?
The amount of a loan or investment that does not include interest. It's the amount borrowed, or the amount currently owed in a loan (including mortgages) and the amount invested (for investments.)
What is the total interest paid on the principal amount borrowed?
The total interest paid on the principal amount borrowed is the additional money paid on top of the original loan amount as compensation to the lender for borrowing the money.
What is the proportion of my current loan balance to the original loan amount?
The proportion of your current loan balance to the original loan amount is the percentage of how much you still owe compared to the total amount you borrowed.
What is the payment made when a bond matures?
The payment made when a bond matures is the face value of the bond, which is the original amount borrowed by the issuer.
What is the maximum check amount that can be deposited into this account?
The maximum check amount that can be deposited into this account is 10,000.
What is the predetermined amount the borrower must pay for the use of borrowed money?
Interest is a predetermined amount that a borrower must pay for the use of borrowed money. Interest is calculated as a percentage of the amount borrowed.
How much is 5 years auto loan at 0.9 percent interest?
That would depend on the original principal (the amount you borrowed) and how they compute interest.
What is the difference between the principal balance and the outstanding balance on a loan?
The principal balance is the original amount borrowed, while the outstanding balance is the amount still owed on the loan after payments have been made.
