Interest rates are expressed as a percentage of
Asked by maham237 @ in Business viewed by 2108 People
Interest rates are expressed as a percentage of
investment fees.
the loan.
the profit.
taxes owed.
Answered by maham237 @
Basically, an interest rate is an amount that is added on top of the principal amount most especially in loans. This is expressed in a form of percentage, depending on the amount and interest rate being agreed upon. The answer for this would be the second option. Hope this helps.
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