asked 162k views
5 votes
What effect will paying down NOK 75,000 on the loan to the

company have for the total capital in the company?

1 Answer

6 votes

Answer: Paying down NOK 75000 will reduce the loan amount, interest cost and monthly payments. The amount of the down payments may also reduce the interest rate provided by the lender.

Step-by-step explanation:

answered
User SnowmanXL
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