6 ms·
To be pendatic, the fee is just interest that is compounded exactly once.
by catlifeonmars 5y ago
To be pendatic, the fee is just interest that is compounded exactly once.
- Ntrails 5y agoInstantaneously on contract creation and irrespective of loan term / repayment / etc. It's such a non-standard contract that the terms loan and interest are kinda fuzzy