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The price of money borrowed is called the interest rate. It represents the cost of borrowing funds, typically expressed as a percentage of the principal amount over a specific period. Conversely, the interest earned on money saved is also referred to as the interest rate, as it is the return on savings. In both cases, the interest rate reflects the opportunity cost of using funds.
What else can I help you with?
Which of these should happen in order for a country to increase capital effectively?
More money invested and/or saved.
What does Jonathan get in exchange for the rebel money he had saved?
In exchange for the rebel money he had saved, Jonathan receives a chance to escape his difficult circumstances and a sense of freedom. This money symbolizes not just financial support but also the hope for a better future, allowing him to pursue opportunities that were previously unattainable. Ultimately, it represents a significant investment in his own potential and the possibility of change.
When you save something to be sure there is enough what is it called?
Goods saved for a period of scarcity are often called a "reserve" (e.g. the Strategic Petroleum Reserve).
What did Sam Walton do with his profits?
Lets see, he spent some, invested some, saved some and gave some away. Does that answer the question....... what does anyone do with money?
Why was JP Morgan a captain of industry?
J.P.morgan was a captain of industry because he saved the U.S. economy twice and made companies he bought double or triple money made
Is the price of money borrowed or saved called interest loan or money supply?
The price of money borrowed is called interest. When you borrow money, you pay interest to the lender as the cost of using their funds. Conversely, when you save money in a bank, you may earn interest on your savings. Money supply refers to the total amount of money available in an economy, which is a different concept.
What is amount of money borrowed or saved?
principal
What is the amount of money borrowed or saved?
principal
What is the initial amount of money borrowed or saved?
principal
The initial amount of money borrowed or saved?
principal
What is the name for the amount you save when you buy an item at a discounted price?
The name of the amount of money you save when you buy an item at a discounted price is called the difference of the original price. To find the difference, you simply subtract the discount price from the original price and that total is the amount of money you saved, the difference.
How much money has been saved if it was 80 dollars and reduced 30 percent?
The price has been reduced by $24. But if you buy it, you haven't saved anything ... you've spent $56 .
Do you get taxed on money saved?
Not taxed again on the after income tax money that you have saved but you are taxed on the earnings from the after income tax saved money.
What are the difference between debit and credit?
Debit cards are generally connected to a normal bank account and use money that is saved by the account holder. Credit cards on the other hard used borrowed on loaned money that must be paid back with interest.
What is the present perfect of the verb save?
have / has saved They have saved money all their lives. She has saved very little money.
What is the meaning of personal savings?
they are money saved privately.that is one's own money saved for future use.
What a saved document is called?
A saved document is called a "file".
