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Fixed Interest Rates
Interest rates that remain the same throughout the term of the loan, bond, mortgage, or any financial product.
Interest Rate
The cost of borrowing money expressed as a percentage of the total amount borrowed, or the interest income earned on an investment.
Demand
The desire to purchase goods and services backed by the ability and willingness to pay, at a specified price.
Loanable Funds
A concept in economics that describes the market where borrowers and lenders meet to transact loans or bonds.
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