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Interest Rate
The cost of borrowing money or the return on investment, usually expressed as a percentage of the principal amount per period of time.
Borrower's Payment
The amount of money paid by a borrower, typically on a regular schedule, to repay or service a debt.
Interest Rate
The proportion of a total amount of money that is levied for borrowing it, typically expressed on an annual basis.
Future Value
The value of a current asset at a specified date in the future based on an assumed rate of growth.
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