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Liberty Nation GenZ: News For Kids

News and Current Events Through the Lens of America’s Founding Principles

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interest rates

By:  |  September 18, 2020  |    49 Words

interest rates are the amount of money you have to pay back to a lender, in addition to the amount you originally borrowed. Central banks set an interest rate according to the current state of the economy, and other banks set their rates with this figure as a base

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