Interest Paid may appear on account sheets and bank statements, etc, and is the amount of interest paid (usually by a bank) on savings in a deposit (and some other) accounts. For instance, the interest paid may be a gross figure, any tax taken out will leave a net amount.
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∙ 10y agoIt is interest that is paid separately. For an investor, it is paid out to the investor and not rolled into the investment.
Simple interest:Every time interest is paid, it's paid on the amount you originally put in.Compound interest:Every time interest is paid, it's paid on the amount you had after the last time interest was paid.So, part of the interest that's paid today is interest on all the interest that's ever been paid, ontop of the amount you originally put in.
Interest is earned or paid for the use of money
Campound interest
63 dollars
Interest is usually paid semiannually.
interest paid for debentures is a/an
It means the percent of interest paid annually (p.a. means per annum).
Interest paid on interest previously received is the best definition of compounding interest.
Annual Percentage Rate. Refers to the Interest rate paid on a car loan.
It is interest that is paid separately. For an investor, it is paid out to the investor and not rolled into the investment.
Simple interest:Every time interest is paid, it's paid on the amount you originally put in.Compound interest:Every time interest is paid, it's paid on the amount you had after the last time interest was paid.So, part of the interest that's paid today is interest on all the interest that's ever been paid, ontop of the amount you originally put in.
If interest is accruing that means there must be arrears. The interest will stop accruing when the arrears are paid off.If interest is accruing that means there must be arrears. The interest will stop accruing when the arrears are paid off.If interest is accruing that means there must be arrears. The interest will stop accruing when the arrears are paid off.If interest is accruing that means there must be arrears. The interest will stop accruing when the arrears are paid off.
Interest considered by the IRS for tax purposes to have been paid, even if no interest was actually paid.
It means that the interest is paid out every three months (quarter year). That means that the interest paid out after 3 months is earning interest for the remaining nine months. The quarterly interest rate is such that this compounding is taken into account for the "headline" annual rate. As a result, if the quarterly interest is taken out, then the total interest earned in a year will be slightly less than the quoted annual rate.
Compound Interest
it's called compound interest