Interest | Finance Strategists | Your Online Finance Dictionary

Interest is the cost to borrow money from an individual or a financial institution. For investors, it can be a reward for saving money in a financial instrument, such as a certificate of deposit.
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0:00 Interest Definition
0:53 Interest Rate
1:12 Calculation of Interest Charges
1:48 Two Ways of Calculating Interest
2:20 Interest Rate Question & Application
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[@ronaldreaganforus5024]

Very insightful

[@financestrategists4468]

Thanks!