what is rate of interest ?
Answers
Answered by
4
The price money that requires per percent
mada2:
short but understandable, tnks
Answered by
6
Hey!!
An interest rate is the cost of borrowing money or, conversely, the income earned from lending money. Interest rates are expressed as percentage of the principal per period.
Hope it will helps you:-)
An interest rate is the cost of borrowing money or, conversely, the income earned from lending money. Interest rates are expressed as percentage of the principal per period.
Hope it will helps you:-)
Similar questions