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  • 25-04-2018
  • Social Studies
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what part of the offered deal is the interest deal

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Human15
Human15 Human15
  • 05-08-2019

Answer:  Interest rates are the portion of the loan that is charged to the borrow from the lender.

Explanation:

The number is represented as an interest rate as an annual percentage. The annual percentage is divided into a monthly percentage and then is added to the loan payment each month.

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