kokonaiskustannusprosenttina
Kokonaiskustannusprosenttina, often abbreviated as KKP, is a Finnish term that translates to "total cost as a percentage" in English. It is a metric used to express the total costs associated with a financial product or service as a proportion of its principal amount. This can be applied in various financial contexts, such as loans, investments, or insurance policies.
The primary purpose of KKP is to provide a standardized and easily comparable measure of the cost
For example, in the context of loans, KKP would encompass not only the interest rate but also
Understanding KKP is crucial for making informed financial decisions. It helps to identify potentially hidden costs