Precomputed interest means an interest method that uses the original payment schedule to calculate interest.
Precomputed interest means an amount equal to the whole amount of interest payable on an installment loan for the period from the making of the loan to the date scheduled by the terms of the loan for the payment of the final installment;
Precomputed interest means an interest method that uses
Examples of Precomputed interest in a sentence
Precomputed interest in Texas Finance Code, Chapter 342, Subchapter E and G loans is subject to refund.
More Definitions of Precomputed interest
Precomputed interest means an interest method which uses