How do I calculate the interest paid given the loan amount and the amount repaid?
Md Ariful Islam
বিএসসি(সিএসই)
,
এমবিএ(মার্কেটিং)
4 views
1 Answers
Dr. Md Rushad Rahman
এমবিবিএস(আরপিএমসি)
,
পিজিটি(মেডিসিন)
When you subtract the loan amount from the amount repaid, the answer is the amount of interest you paid. For example, if you borrow $100 and have to pay back $110, since $110 - $100 = $10, you paid $10 in interest.
4 views
Answered