what do you mean by interest ? when do people
earn interest earn or pay interest ? Think and
write which is good and why?
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Interest is the charge for the privilege of borrowing money, typically expressed as annual percentage rate (APR). Interest can also refer to the amount of ownership a stockholder has in a company, usually expressed as a percentage.
people pay interest on the money which they borrow from any money lender as security charges or as charges applied on the money lend by them.
offering interest is not bad but actually nowadays money lenders take advantage of someone's problem and charges high rate of interest on the money which is probably wrong
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