Sentences with phrase «simple interest calculation»

Lines of credit have more simple interest calculations, making them easier to pay down over time.
Almost all loans involve simple interest calculations when payments are made in full and on time.
Then through the daily simple interest calculations you are saving on interest.
A Simple Interest Loan or Simple Interest Mortgage is the term used by the mortgage and loan industry to describe a particular type of loan that uses only simple interest calculations and accrues interest daily.
Fair, transparent pricing with a one - time origination fee and simple interest calculation.
The interest rate is an annual rate and the interest calculation is a simple interest calculation.
You can also set up a simple interest calculation on a short - term loan from a loved one as opposed to the compound interest calculation common with other types of loans where you have to pay interest on interest.
This question was designed to test people's ability to do a simple interest calculation.
This is a special type of mortgage based on simple interest calculations and daily interest accrual.
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