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Why is planning so important to small business?
Interest Rate
The percentage charged on borrowed money or paid on invested capital, reflecting the cost of borrowing or the reward for investing.
Investing
The act of allocating resources, typically money, with the expectation of generating an income or profit.
Interest Rate
The amount charged by lenders to borrowers for the use of assets, expressed as a percentage of the principal, the rate can influence inflation and economic activity.
Investing
Channeling money or assets towards avenues with the expectation of profit or income generation.
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