Tag Archive for 'bank-interest-rate-compound-banking-compounding-amortization'

Banking Interest Rates - How does it work… to benefit you?

Published by admin March 23rd, 2009 in Financial and Mortgage. 0 Comments

Banking Interest Rates

How does it work…to benefit you?

Interest rate works both ways on a decreasing balance (amortized) and on an increasing balance (Compounding) at the same time. What??

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