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Cities grew rapidly in Europe immediately after the collapse of the Roman Empire.
Interest-Bearing Note
A debt instrument that pays interest to the holder until the maturity date, at which point the principal is repaid.
Interest
The cost of borrowing money or the return earned on an investment, typically expressed as a percentage.
Interest-Bearing Note
A debt instrument in which the issuer is obligated to pay a specified interest rate on the principal amount at regular intervals until maturity, in addition to repaying the principal.
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