Is interest from a home purchased through a Bank loan tax deductible?
sukcorb asked: I recently purchased a home through a Bank Loan. Will the interest paid on the loan this year be tax deductible?
November 17, 2008
• Tags: Bank Interest, Bank Loan, Loan Interest, Tax Deductible • Posted in: United States • 3 Comments
Sample letter to the bank request them to reduce interest rate on existing loan?
kesO m asked: Wanted to write letter to the bank to give me consideration to lower the interest rate on my existing bank loan
October 20, 2008
• Tags: Bank Interest, Bank Loan, Interest Rate, Reduce Interest, Sample Letter • Posted in: Corporations • 2 Comments
Can an Australin take a bank loan in the USA?
struggling asked: Can an australian take out a bank loan in the usa where interest is lower to pay of his australian mortgage and then slowly pay of hi US loan.
August 18, 2008
• Tags: Bank Interest, Bank Loan, Loan Interest, Mortgage • Posted in: Personal Finance • 6 Comments
Calculus: A car costs $20,000 and bank loan is 8% compounded continuously interest. What are monthly payments?
Rob T asked: A car costs $20,000 and the bank loan is 8% compounded continuously interest. What are monthly payments?
The cost of the car is the present value of a constant money stream(dollars per year). The monthly payment is the annual payment divided by 12
for 5 years, forgot to mention it
May 27, 2008
• Tags: Bank Interest, Calculus, Car Loan, Car Value, Money Stream • Posted in: Mathematics • 2 Comments
