The encroachment, breach, or violation of a right, law, regulation, or contract. The term is most frequently used in reference to the invasion of rights secured by Copyright, patent, or trademark.
Multiply the after-tax interest rate of your debt by the principal amount of your debt. The result will be the true annual dollar cost of your debt. For example, if your loan is for $100,000, your interest rate is 5 percent and your after-tax interest rate is 4 percent, $100,000 times 4 percent equals $4,000.
For instance, with 5 percent financing over three years, a $22,000 sedan ends up costing a total of $23,737. If you double that length to six years and keep the same interest rate, the amount owed is $25,510.By doubling the length of the loan, you'll pay more than twice as much in interest: $3,510 in interest payments versus $1,737. There is, however, an acceptable limit to how long a vehicle loan should be.f you double that length to six years and keep the same interest rate, the amount owed is $25,510. By doubling the length of the loan, you'll pay more than twice as much in interest: $3,510 in interest payments versus $1,737.