Math, asked by nandiniadhikary14, 3 months ago

what is the criteria For expressing the time period and the rate of interest​

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Answered by Anonymous
4

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.

Answered by Anonymous
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