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finance--directory.com

Month: October 2021

Articles created in the month of October 2021

Don't Let Interest Rates Fool You

Posted on October 9, 2021 by Nestor Villamil
Albert Einstein has described interest because the eighth wonder of the planet, the greates invention of the people, and probably the most powerful force in the universe.How come this so? Interest has three major functions in finance.It's the surcharge positioned on the repayment of borrowed money or goods; it's the return that is produced from investments; and interest also identifies someone's right or claim to a corporation, such as for example that of a creditor or owner...