Stock Market Brief Deck for "this does not happen often".pdf
Itb Chap 18
1. Consumer Credit 18-1 Credit Fundamentals 18-2 Cost of Credit 18-3 Credit Application and Documents 18-4 Protection of Credit Rights 18
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18. FINDING INTEREST Length of time for which interest will be charged, usually expressed in years or parts of a year Time, T Percent of interest charged or earned Interest Rate, R Amount of the loan Principal, P
20. SIMPLE INTEREST EXAMPLES 60/360 1/12 2 1 T $100 $100 $100 $100 P $2 .12 I 60 days $1 .12 I One month $24 .12 I Two years $12 .12 I One year R I