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martin sostre
Questions (3)
in new jersey compounding interest is prohibited.so whatwould be owed in the case of the business partner giving his co-partner
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yhank you very much for solving the question i asked yesterday:the two parners in a business, one partner mortgaged business
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two partners in a business. one partner mortgaged business property to his co-partner for $15,000.00 at 12% a year interest. no
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Answers (4)
how many states in u.s.a. prohibit compound interest in mortgages?
how many states in the u.s.a. prohibit compouding interest in mortgages?
thanks, igot it now. one more question: how many states prohibit compounding interest rates in mortgages?
thanks again for your answer to my question about a 15000 mortgage at 12%interest on which no payments were ever made for 17 years.your answer for smple interest (since n.j. prohibits compound interest)was "interest for the 17 years=15000(.12(12)= add that