What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?

Effective rate of interest
Nominal rate of interest
Compound interest
Simple interest

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 4

Let'

5 views Answered 2022-09-01 13:21

Related Questions

If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z we have = ?

1 Answers 5 Views

What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest?

1 Answers 5 Views

“Maximum power output is obtained from a network when the load resistance is equal to the output resistance of the network as seen terminals of the load”. The above statement is associated with?

1 Answers 5 Views

In a lamp load when more than one lamp are switched on the total resistance of the load?

1 Answers 20 Views

When the axis of load lies in the plane of rivet group, then the most heavily loaded rivet will be the one which (where, Fa is the load shared by each rivet due to axial load and Fm is the shearing load due to moment in any rivet.)?

1 Answers 10 Views

How is a policy loan different from a commercial loan?

1 Answers 4 Views

What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal?

1 Answers 5 Views

If both policy loan and premiums are not paid, the outstanding loan/interest may exceed the policy’s cash value. What would the insurer do in such an eventuality?

1 Answers 7 Views

The amount of simple interest during 'n' interest period is (where, i = interest rate based on the length of one interest period, p = principal)?

1 Answers 4 Views

Statement : It is necessary to adopt suitable measures to prevent repetition of bad debts by learning from the past experiences of mounting non-performing assets of banks. Courses of Action : I. Before granting loan to customers their eligibility for loan should be evaluated strictly. II. To ensure the payment of instalments of loan, the work, for which loan was granted, should be supervised minutely on regular basis.?

1 Answers 4 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)