Why does interest expense cost less than actual expense?

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1099951

2026-05-20 05:36

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Actual expense is what something costs. Interest expense is what it costs to borrow the money for an actual expense. No one would borrow money to buy something if the cost to borrow the money was more then the cost of the thing they were buying. *I disagree; over the long run people pay more interest on their home mortgage than the initial cost of the home.

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