Mar 29, 2010 #1 S Skittles Member Joined May 13, 2008 Messages 135 Reaction score 0 Points 16 If I had a loan of $30,000 and an interest rate of 15%, would I apply the interest as a fixed cost or the entire loan plus the interest as the fixed cost? First right answer will get an easy 10points!=) Thanks!!
If I had a loan of $30,000 and an interest rate of 15%, would I apply the interest as a fixed cost or the entire loan plus the interest as the fixed cost? First right answer will get an easy 10points!=) Thanks!!
Mar 29, 2010 #2 T TheBigBossCJ New member Joined Mar 29, 2010 Messages 1 Reaction score 0 Points 1 the entire loan plus the interest as the fixed cost