What is amortization?
- 38 Answers
- 48090 Views
- Brigade, Capital IQ, Sri Ram, I also Faced
- E-Mail Answers
Answer Posted / sanjeev joshi
A periodic payment plan to pay a debt in which the interest
and a portion of the principal is included in each payment
by an established mathematical formula. Most commonly it is
used on a real property loan or financing of an automobile
or other purchase. By figuring the interest on the
declining principal and the number of years of the loan,
the monthly payments are averaged and determined. Since the
main portion of the early payments is interest, the
principal does not decline rapidly until the latter stages
of the loan term.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Short Answer on _________Business
Short Answer on ___________fluctuating capital
explain the financialand economic meaning of investment?
You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.
Process of the settlement cycle?
Expand BEMS
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
Expand-------NBTA
hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
what is purchase consideration? How does it come about and how is it treated in the books?
How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)
Short Answer on ___________Cash Profit
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
