Interest
Money paid for the use of other money.
Example: Sam invests $1000 and receives $60 in interest after a year.
Example: Alex borrows $5000 from the bank at a 5% interest rate, and has to pay $250 interest in the first year.
See: Interest Rate
| 单词 | interest |
| 释义 | InterestMoney paid for the use of other money. Example: Sam invests $1000 and receives $60 in interest after a year. Example: Alex borrows $5000 from the bank at a 5% interest rate, and has to pay $250 interest in the first year. See: Interest Rate |
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