Scp049
Scp049 Scp049
  • 12-10-2018
  • Mathematics
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Explain in your own words what is Term of Interest


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lobsterquake365 lobsterquake365
  • 12-10-2018

Money paid for the use of other money. Example: Alex borrows $5000 from the bank at a 5% interest rate, and has to pay $250 interest in the first year.


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