1. And if you want interest paid in another currency, most banks and building societies offer special accounts with this option available.
2. Home ownership is our dominant way of living, so most of us are buying, selling or paying mortgage interest.
3. However, at current high interest rates, many employees can not afford to pay the interest on expensive bridging loans.
4. However, the obligation to pay interest is an obligation to transfer economic benefits and hence the instrument is a liability.
5. If money is borrowed, then the person who borrows the money will have to pay interest to the lender.
6. In extreme circumstances borrowers might be allowed to pay interest only for a while.
7. Money must be borrowed to pay for the deficit, but money must be borrowed to pay interest on the borrowings.
8. Most bonds pay interest semiannually at a rate equal to one-half of the annual coupon rate.