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Term Of The Hour

interest on loans: Original post by Christopher Carter of Demand Media A company that takes out a loan may have to pay interest depending on the terms of the loan agreement. The loan may be a short-term loan that must be repaid within one year, or it may be a long-term obligation the company has to pay in more than one year. Interest expense is the cost a company must pay to borrow money. It appears on a…

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