Math, asked by vegadakaran13, 5 months ago

Rate of Interest is usually specified as r% _____

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Answered by slokhande66

Answer:

Happy New year to all of you my dear friends ☀️

Answered by abcdzyx147

Answer:

The interest rate charged by banks is determined by a number of factors, such as the state of the economy. A country's central bank sets the interest rate, which each bank use to determine the APR range they offer. When the central bank sets interest rates at a high level, the cost of debt rises.

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