Posted 3/12/2008 23:41 (#332745 - in reply to #332724) Subject: RE: Just a ?
I did not say the interest disappears, only that as the note is paid down the interest reduces until the note is paid. At that time there is no more interest accrueing. You are right that the interest paid out has to be taken into account for the comparison over time, however the interest does not accrue past the payment on the note.
Leasing a tractor
