Examlex
Discuss some of the issues a marketer should consider when marketing a shopping product.
Interest Rates
The percentage charged on borrowed money or paid on savings, essentially the cost of borrowing or the reward for saving.
Annually
Occurring every year or pertaining to a period of one year.
Consumer Credit-Card Rate
The interest rate that banks charge consumers on the balances they carry on their credit cards.
Prime Rate
The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark in lending rates.
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