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  • Interest

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    Ahmed Ali
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    Interest is the price paid for borrowing money or the amount received for lending money. The interest rate is usually expressed as an annual percentage of the principal amount. Interest rates are determined by factors such as inflation, bank rates, and supply and demand for loans.

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    Interest is the price paid for borrowing money or the amount received for lending money. The interest rate is usually expressed as an annual percentage of the principal amount. Interest rates are determined by factors such as inflation, bank rates, and supply and demand for loans.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views2 pages

    Interest

    Uploaded by

    Ahmed Ali
    Interest is the price paid for borrowing money or the amount received for lending money. The interest rate is usually expressed as an annual percentage of the principal amount. Interest rates are determined by factors such as inflation, bank rates, and supply and demand for loans.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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