cvr619ovq25y cvr619ovq25y
  • 03-09-2017
  • Social Studies
contestada

what is the best definition for the term interest rate?

Respuesta :

heatherhddouq7fd
heatherhddouq7fd heatherhddouq7fd
  • 03-09-2017
an interest rate is the price a lender charges for loaning money. it is the percent of principal charged by the lender for the use of its money. The principal is the amount of money lent. banks pay you an interest rate on deposits because they borrow that money from you.
Answer Link

Otras preguntas

what are the basic responsibilities of citizens? what are the basic responsibilities of governments?
when did terrorism start being used ? A) starting in 2001 B) During WWII C) it has always been used as an extreme tactic D) None of the above
Describe what would likely happen to an ecosystem if either it’s producers or decomposers were removed. Be sure to explain your reasoning. ( please please help
ANSWER QUICKLY PLEASE HELP ME ASAP I WILL GIVE YOU 30 POINTS IF YOU GET THIS RIGHT PLEASE HELP DON'T ANSWER INCORRECTLY
help~~~~~~~~~````````````````
Balance the following equation. Choose "blank" if no coefficient other than 1 is needed. Choose Pb + Choose AgNO 3 Choose Pb(NO 3 ) 2 + Choose Ag
Changing the point of view in the middle of a story may confuse the reader.o TrueFalse​
Write on essay on cash currency ??
How did the Northwest Ordinance of 1787 reflect Thomas Jefferson's ideas?​
Many people prefer to shop online instead of in traditional retail settings What are the advantages of purchasing goods online? Check all that apply A. faster d