Business, 04.03.2020 05:47 hilarydodard7099

The money interest rate is the percentage of the amount borrowed that must be paid to the lender in addition to the repayment of the principal. The real interest rate reflects the actual burden on borrowers and the payoff to lenders after accounting for the impact of inflation. True or false?

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The money interest rate is the percentage of the amount borrowed that must be paid to the lender in...