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Published on Jun 15, 2022

Interest Rates

Author: Rubin
#Glossary
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Interest rates refer to the additional charges or earnings an individual or financial institution pay or receives after borrowing or investing money for a specified period of time. Interest rates are not only constrained to the domains of fiat currency, but it is also applicable to anything that has an intrinsic value. This includes properties, cars, and even cryptocurrency.


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