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Author Question: What is the value in paying off a loan early?[br][br][b][color=#7BCCB5]Question ... (Read 46 times)

Caiter2013

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What is the value in paying off a loan early?

Question 2

Explain how to calculate the daily interest factor.



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mk6555

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Answer to Question 1

Less interest will be paid on the loan.

Answer to Question 2

Calculate the daily interest factor by multiplying the principal by the rate of interest divided by the number of days in the year.




Caiter2013

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Reply 2 on: Jun 24, 2018
Wow, this really help


jamesnevil303

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Reply 3 on: Yesterday
Gracias!

 

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