annual interest charge

简明释义

年应付债务利息额

英英释义

例句

1.Before taking out a credit card, it's important to understand the annual interest charge 年利息费用 that will apply.

在申请信用卡之前，了解将适用的年利息费用是很重要的。

2.The annual interest charge 年利息费用 on my mortgage is fixed at 3.5%.

我的抵押贷款的年利息费用固定在3.5%。

3.The bank calculated the annual interest charge 年利息费用 on my loan to be $1,200.

银行计算我的贷款的年利息费用为1200美元。

4.To avoid penalties, make sure to pay off your balance before the annual interest charge 年利息费用 is applied.

为了避免罚款，请确保在年利息费用生效之前偿还余额。

5.I was shocked by the high annual interest charge 年利息费用 on my student loan.

我对我的学生贷款的高年利息费用感到震惊。

作文

Understanding financial terms is crucial for anyone looking to manage their money effectively. One such term that often comes up in discussions about loans and credit is the annual interest charge. This term refers to the total amount of interest that a borrower must pay over the course of a year on a given loan or credit balance. It is important to grasp the implications of this charge, as it can significantly impact one’s financial health. When you take out a loan, whether for a car, a home, or personal expenses, the lender will typically charge you interest for borrowing the money. The annual interest charge is calculated based on the principal amount of the loan and the interest rate agreed upon between the borrower and the lender. For instance, if you borrow $10,000 at an interest rate of 5%, the annual interest charge would be $500. This means that every year, you would need to pay this amount in addition to repaying the principal.Many people may not realize how quickly these charges can accumulate. If a borrower only pays the minimum required payment on a credit card, for example, the annual interest charge can lead to significant debt over time. Interest compounds, meaning that each month, the interest is calculated on the outstanding balance, which includes previously accrued interest. Therefore, understanding the annual interest charge is essential for avoiding debt traps and managing finances wisely.Moreover, comparing different loans requires an understanding of the annual interest charge. Different lenders may offer varying rates, and even small differences can lead to large discrepancies in total repayment amounts over time. For example, if one lender offers a 4% interest rate while another offers 6%, the annual interest charge will differ significantly, affecting the total cost of the loan. Borrowers should always calculate the annual interest charge when considering their options to ensure they make informed decisions.In addition to loans, the annual interest charge also applies to savings accounts and investments. While borrowers pay this charge, savers earn interest on their deposits. Banks typically offer a lower interest rate to savers than what they charge borrowers, allowing them to profit from the difference. Understanding how the annual interest charge works in both contexts can help individuals make better decisions regarding spending and saving.In conclusion, the annual interest charge is a vital concept in personal finance. It affects borrowers and savers alike, influencing decisions on loans, credit cards, and savings accounts. By understanding this term and its implications, individuals can better navigate their financial journeys, avoid unnecessary debt, and make smarter choices about their money. As financial literacy becomes increasingly important in today’s world, grasping concepts like the annual interest charge is essential for achieving financial stability and success.

理解金融术语对任何希望有效管理自己财务的人来说都是至关重要的。其中一个在贷款和信用讨论中经常出现的术语是年利息费用。这个术语指的是借款人必须在一年内为特定贷款或信用余额支付的总利息金额。掌握这一费用的含义非常重要，因为它可能对个人的财务健康产生重大影响。当你申请贷款时，无论是用于购车、购房还是个人开支，贷方通常会向你收取借款利息。年利息费用是根据贷款的本金金额和借款人与贷方之间约定的利率计算的。例如，如果你以5%的利率借款10,000美元，那么年利息费用将为500美元。这意味着每年你需要支付这笔费用，外加偿还本金。许多人可能没有意识到这些费用会迅速累积。如果借款人仅按信用卡的最低要求进行还款，例如，年利息费用可能会随着时间的推移而导致巨额债务。利息是复利计算的，这意味着每个月，利息是根据未偿还余额计算的，其中包括之前累积的利息。因此，理解年利息费用对于避免债务陷阱和明智管理财务至关重要。此外，比较不同的贷款需要理解年利息费用。不同的贷方可能提供不同的利率，即使是小的差异也可能导致总还款金额的巨大差异。例如，如果一个贷方提供4%的利率，而另一个提供6%的利率，那么年利息费用将大相径庭，影响贷款的总成本。借款人在考虑选择时应始终计算年利息费用，以确保做出明智的决策。除了贷款，年利息费用也适用于储蓄账户和投资。借款人支付这笔费用，而储户则在存款上赚取利息。银行通常会向储户提供低于借款人所收取的利率，从而使他们能够从中获利。理解年利息费用在这两种情况下的运作方式，可以帮助个人在消费和储蓄方面做出更好的决策。总之，年利息费用是个人理财中的一个重要概念。它影响着借款人和储户，影响着贷款、信用卡和储蓄账户的决策。通过理解这一术语及其影响，个人可以更好地驾驭自己的财务旅程，避免不必要的债务，并就自己的资金做出更明智的选择。随着金融素养在当今世界变得越来越重要，掌握像年利息费用这样的概念对于实现财务稳定和成功至关重要。