What does Interest money mean? Explain in simple easy words like give an example

Lakatos Gyula asked Nov 23, 2022

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44 votes

What does Interest money mean?
Explain in simple easy words like give an example

Lakatos Gyula asked Nov 23, 2022

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21 votes

Answer:

interest money is the amount of money a lender or a financial institution receives for lending out money

Innokenty answered Nov 27, 2022

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