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Documents Chapter 5: Interest Rates. The Cost of Money The cost to borrow money The interest rate you pay a...

Slide 1 Chapter 5: Interest Rates Slide 2 The Cost of Money The cost to borrow money The interest rate you pay a lender It is what borrowers pay to use the (rent) the money…

Documents Chapter 5: The Cost of Money (Interest Rates). The Cost of Money The cost to borrow money The...

Chapter 5: The Cost of Money (Interest Rates) The Cost of Money The cost to borrow money The interest rate you pay a lender It is what borrowers pay to use the (rent) the…