Environmental Sciences, asked by lurushits, 3 months ago

Q6. Define interest

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Answered by sahilzuber3

0

Answer:

Interest, in finance and economics, is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party.

Answered by Dristysoni

2

Answer:

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