2.216.123.97 did not find what they were looking for.
21:34, 25 May 2021
Hello there. I am totally confused by the statement "... the cumulative amortisation using the effective interest method of any difference between that initial amount and the maturity amount ". What is the "maturity amount"? The amount due? And does it include principal and interest? What is the "initial amount"? Is it the amount at origination?
An example detailing how the amortised cost of a loan is calculated would be helpful.
2.216.123.97 did not find what they were looking for.
21:34, 25 May 2021