What is the maximum amount of interest allowed by law for us to pay on that amount?
124697
You might get a better chance asking your company law office, that a way you have your ducks in a row instead of your business getting chopped up or taken over. protect yourself and mostly your employees.
25447
I am assuming this is a question on US Tax Law.\n\nYou can take any type of mortgage on your home to claim the interest deduction.  The end use of the loan does not matter.
455815
I would see an accountant to figure it out for you and they should know the laws as to what is the range of interest and if it can be compounded or not (I think most states allow it but I am not sure, I have my child support coming from the Child Support Division since he is so erratic and they can take away his license).
433421
If the question is for COMPOUND interest\nWhat you're looking for is \n1.075^n=2\nTake logarithms on both sides, and noting that the power is multiplied to the logarithm\nnlog(1.075)=log(2)\nn=log(2)/log(1.075)=9.584 years\nNote: To check results for compound interest, the rule of 72 says that an approximation to the number of years to double the principle is 72/(interest rate in percent).\nIn the present case, an approx. value is 72/7.5=9.6 years, which is very close to the exact value of 9.584 years.\n\n\nThe question is for simple interest, where the interest does not make interest, so\nN=(2-1)/(1.075-1)=13.333 years
94156
Any bank should be able to do that.  Call around to see how much they charge.
26534
If you have a mortgage on your home you could possibly roll that high paying interest into your mortgage.  I'm not sure what a good rate is for personal loans, but with mortgages that's outrageous.  At least if you're able to consolidate that debt into your mortgage you can receive a tax deduction.
507695
define i = apr/12\nP = quantity (principle)\nn = time (months in this case)\n\nThe calculation formula for payments is\n\np = iP/(1-1/((1+i)^n))\n\nplugging in the numbers,\n\np = (0.01/12)(17,500)/(1 - 1/((1+0.01/12)^72))\n\nOh, if you just want future amount at compound interest, \n\nA(i,n) = A(1+i)^n\n\nA = 17,500(1+0.01/12)^72
155176
many states have different policies. i live in north carolina and had my loan sold 3 times but interest stayed the same.check with the state commerce office
571053
The interest rate you are charged varies by state. Some states have laws that restrict "gouging" or it's formal term - Usary. \n\nConsumer Advocacy Center (www.caclawyers.com) should be able to help you.
31957
there is no limit.  but if you have more than $10,000 and fly or make a deposit, you must fill out a paper.
618219
You pay interest on what you borrowed not what you are approved of.
115964
How much interest are you going to pay me and how do you plan to pay me if your business fails?
467421
generally not.  Many cards will let you exceed your limits slightly, so they can make big fees for you going a little over the limit.  They will never approve something $1250 higher, just to get a $30 overlimit fee.  $100 higher, maybe.
656585
B is the answer.  If they pay before interest kicks in, no cost other than the goods themselves are involved. "0" percent APR.
565990
Your best bet is to call to make sure that amount that you want w/held is w/held. There can not be any misunderstandings then.
363984
No, but its not very sensible as you are continuing to mount up interest charges.  Contact them and see if you can come to some arrangement which will make it easier to pay.  \nDONT IGNORE IT ANY LONGER!!!!
361155
Yes, this is normal -- but hardly desirable.  Over time the interest you pay per month declines and principal increases.  Try to get another loan with a lower rate to cover the balance.  If this is not feasible, pay as much as you can to reduce the interest you will pay over the life of the loan.  See debt reduction calculators to find out how much you can save.  Clearly, you are getting hit hard by interest!