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Interest Rate
The interest rate that a borrower must pay to a lender in exchange for using borrowed funds.
Accrued Interest
Interest that's been accrued but is still pending payment or receipt.
Deposit
A sum of money placed in an account or with a third party as security or for future payment.
Days
Units of time measuring 24 hours, often used to calculate interest, maturity dates, and other financial time periods.
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