Interest: Difference between revisions

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(Created page with "The return a fellow pays another from whom she has borrowed money. Usually articulated as a percentage rate for a year, calculated on the borrowed amount. That rate can be...")
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Revision as of 17:20, 11 June 2019

The return a fellow pays another from whom she has borrowed money. Usually articulated as a percentage rate for a year, calculated on the borrowed amount. That rate can be fixed, floating, or variable — limited really only by the imagination of the borrower and lender.


See also