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Cumulative Interest |
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Cumulative Interest The sum of all interest payments to date or over the life of the loan. This is not a good measure of the cost of credit to the borrower because it does not include upfront cash payments and it is not adjusted for the time value of money. See Interest Cost. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Tata Capital would offer 12 per cent interest for the annual and cumulative interest payment options and 11. The trading conditions deteriorated during 2007 due to cumulative interest rate increases which, when combined with the A report to the council's policy and resources committee in October 1997 made clear that they actually borrowed pounds 101m (not pounds 78m) incurring cumulative interest payments of pounds 56. |
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