Computer Science, asked by zainmohd039, 16 days ago

100 INTEREST = QMOUNT - PRI

Answers

Answered by philipc1963

Answer:

The Total Interest Percentage (TIP) is a disclosure that tells you how much interest you will pay over the life of your mortgage loan. ... If your TIP is 100 percent, that means you will pay $100,000 in interest (100 percent of the $100,000 loan amount) over the life of the loan.

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