Sign In
Ask Question
Business
Marissa Diaz
31 December, 21:42
Interest rates are expressed as a percentage of
+4
Answers (
2
)
Ivan
31 December, 23:43
0
The Correct Answer is "The Principle"
Explanation:
Generally, an interest rate is an amount that is added on top of the principal amount most especially in loans. This is expressed in the form of a percentage, depending on the amount and interest rate being agreed upon. Interest is, therefore, the amount of money charged by a financial institution such as banks on money borrowed from them by customers.
Comment
Complaint
Link
Steve Cruz
1 January, 01:27
0
The principal
Explanation:
If you get a loan for $1000 interest rates will always be charged on that $1000, which is the principal.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Get an answer to your question ✅
“Interest rates are expressed as a percentage of ...”
in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Dividing LLC Income Martin Farley and Ashley Clark formed a limited liability company with an operating agreement that provided a salary allowance of $68,000 and $54,000 to each member, respectively.
Answers (1)
The consumption schedule shows a. that households consume more when interest rates are low. b. that consumption depends primarily on the level of business investment. c.
Answers (1)
Ned has active modified adjusted gross income before passive losses of $160,000. He has a loss of $15,000 on rental property he actively manages. How much of the loss is he allowed to deduct against his other income?
Answers (1)
You are considering an investment that costs $152,000 and has projected cash flows of $71,800, $86,900, and - $11,200 for years 1 to 3, respectively. If the required rate of return is 15.
Answers (1)
What questions should be asked after a returned item has been counted and recorded?
Answers (1)
New Questions in Business
Our most rapid and automatic emotional responses may result from the routing of sensory input through the thalamus directly to the
Answers (1)
This diploma program is a rigorous pre-university course of study that culminates in internationally standardized tests.
Answers (1)
To establish res ipsa loquitur in most states, the plaintiff must demonstrate all but which of the following?
Answers (1)
What is the name of the government program that provides cash benefits to senior citizens?
Answers (1)
The dividend yield is defined as: the last annual dividend divided by the current market price per share. the last annual dividend divided by the current book value per share.
Answers (1)
Home
»
Business
» Interest rates are expressed as a percentage of
Sign In
Sign Up
Forgot Password?