What is the acronym for the total amount of interest paid by the end of a loan?

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What is the acronym for the total amount of interest paid by the end of a loan?

2007-11-19 18:08:40 · 2 answers · asked by Cervelan 1 in Business & Finance ➔ Credit

2 answers

Total Cost of Loan ?

Almost all I've come across use (annual) rates of interest (Cost of Capital, APR etc) .. let me look it up .. nope, can't find it .. see if you can locate it yourself at http://moneyterms.co.uk/

2007-11-19 18:31:42 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋

Not sure as to what your question is but it sounds like you are talking about the Gross Interest paid.

2007-11-19 19:10:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋