| 单词 | borrower pays |
| 释义 | borrower pays The borrower pays a punitive interest rate of 24% a year or more. Times, Sunday Times Short-dated corporate bonds have less time until they reach maturity and the borrower pays back the loan. Times, Sunday Times Prepayment of the loan when the borrower pays the loan back before it reaches term may incur penalties, depending on the program. Retrieved from Wikipedia CC BY-SA 3.0 For the first six months, the borrower pays the bank 6% annual interest: in this simplified case $1,500 for six months. Retrieved from Wikipedia CC BY-SA 3.0 If the borrower pays off the loan early, this method maximizes the amount paid by applying funds to interest before principal. Retrieved from Wikipedia CC BY-SA 3.0 |
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