Understanding Loans and Repayments 💰
Learn what a loan is and how repayment works, typically paid off gradually through monthly installments.
livenet2 livenet2
68 views • Feb 13, 2018
About this video
It’s only a loan if you repay it. As you figure out how loans work, you’ll see that most loans get paid off gradually over time. Each monthly payment is split into two parts: a portion of it repays the loan balance, and a portion of it is your interest cost.
Video Information
Views
68
Duration
2:06
Published
Feb 13, 2018