What increase your total loan balance
Answer: Interest Accrual, Late Fees, Penalties, Loan Extensions, Adding Fees and Costs, Missed Escrow Payments, Capitalized Interest and Forbearance or Deferment.
- Which principle says that a certain amount of money today is worth more than the same amount in the future? Inflation Rate of return The time value of money Principal interest
- In order to outpace inflation when investing, your investments need to have a lower rate of return than the rate of inflation.