Interest rate

id: interest-rate-188-11190266
title: Interest rate
text: An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed. The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed. The annual interest rate is the rate over a period of one year. Other interest rates apply over different periods, such as a month or a day, but they are usually annualized. The interest
brand slug: wiki
category slug: encyclopedia
description: Percentage of a sum of money charged for its use
original url: https://en.wikipedia.org/wiki/Interest_rate
date created: 2002-12-30T22:31:20Z
date modified: 2024-09-09T00:50:32Z
main entity: {"identifier":"Q179179","url":"https://www.wikidata.org/entity/Q179179"}
image:
fields total: 13
integrity: 15

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