Answers » Categories » Banking

Re inverse order of maturity, if prepayments are made and orig schdule is preserved, what abt the interest? will they be recomputed ?

If interest is recomputed and definitely, bigger application goes to principal, it still has the effect of as if the prepaid amount is already credited


0
0 Report
MORE: interest, recomputation

Answer this question

by Anonymous - Already have an account? Login now!
Your Name:  

Your Answer:  
Source(s): (optional)

Enter the text you see in the image below
What do you see?
Can't read the image? View a new one.
Your answer will appear after being approved.

Ask your own question

Tagged
interest (4)
recomputation (1)

Ask a Question

Categories