Interest rate

An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed. Interest rate periods are ordinarily a year and are often annualized when not.

Source: Wikipedia — Interest rate (CC BY-SA 4.0)

Interest rate

An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed. Interest rate periods are ordinarily a year and are often annualized when not.

Source: Wikipedia "Interest rate" · CC BY-SA 4.0

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