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Method of calculating the total cost of a loan for a borrower - an individual

- Часнікова, Олена Володимирівна (orcid.org/0000-0002-8535-6668) and Кузавка, Артем Костянтинович (2018) Method of calculating the total cost of a loan for a borrower - an individual Економіка в школах України, 9 (166). pp. 18-21.

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Abstract

The article deals with the methods of calculating the total cost of a loan for a borrower - an individual. Evolution of the credit relations, the types of consumer loans and methods of lending are considered. The differences between effective and nominal loan interest rates are disclosed. The method of calculating the real (economic) cost of a loan is proposed.

Item Type: Article
Keywords: interest rate, loan, lending of individuals, nominal rate, economic rate
Subjects: Science and knowledge. Organization. Computer science. Information. Documentation. Librarianship. Institutions. Publications > 3 Social Sciences > 33 Economics. Economic science
Divisions: Institute of Pedagogics > The Laboratory of Geographical and Economic Education
Depositing User: с.наук.сп. Олена Володимирівна Часнікова
Date Deposited: 13 Dec 2018 06:58
Last Modified: 31 Jan 2019 23:07
URI: https://lib.iitta.gov.ua/id/eprint/713010

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