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What were some of the characteristics of the Indian caste system?
Interest Rate
The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets over a specific time frame, often noted on an annual basis.
Present Value
Present Value is the current value of a future sum of money or stream of cash flows given a specified rate of return, often used in assessing the worth of investments.
Interest Rate
The fee, shown as a percent of the main amount, that a lender imposes on a borrower for the use of assets.
Price Ceiling
A legal maximum price that can be charged for a particular good or service, typically set by government.
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