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You have a 1 kg mass at rest sitting on a lab bench in front of you. You see somebody fly by in a spaceship traveling at 0.2c. That astronaut flying by also has a 1 kg mass sitting on a bench in front of her. She would measure that mass to be 1kg.
Equal Payments
Fixed payments made consistently over the duration of a loan or mortgage agreement.
Loan Date
The date on which a loan agreement is executed and from which interest starts accruing.
Final Payment
The last payment made to settle the balance of a financial obligation.
Interest Rate
The rate at which borrowers are charged interest for the use of funds they have loaned from a lender.
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