Interest is nothing more than the cost someone pays for the use of someone elses money. Homeowners, credit cards users etc know about this scenario very well. They borrow money from bank and in return they pay interest to bank for using the privilege. Interest rate is an integral part of our spendin
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About the Author

Article Assisstant

A CA Final Student, an Article Assistant at C.P Maini Co. and NCFM


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