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Difference

YYasir2y ago
Could you please explain the difference between interest expense and finance cost. Sometimes they both have different figures which gives impression that they both are not the same thing. Is it true that interest expense refers to interest paid on borrowing loans whereas finance cost is a wide term which not only include interest on borrowing but also other charges resulting from the undertaking of that loan?
IAW3005IAW3005Tutor2y ago#1
I think you have posted in the wrong forum
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