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What else can I help you with?
What is percentage charged for convenience of exchanging one kind of money for another?
agio
What are five ways people use percentages?
If you have money in the bank you get a certain percentage interest. If you borrow money you have to pay a certain percentage extra back. If you buy a product a percentage of the price is tax. When you earn money you pay a percentage in tax. The government knows what percentage of the population are unemployed.
You were quoted 400 but charged 850 what is the increase as a percentage?
To work out the increase as a percentage: ((850 / 400) -1) *100 = 112.5%
How do you divide money with percentage?
u divide the money to percetage!! DAHH!!
How do I convert money into a percentage?
To convert money into a percentage, you first need to establish a base amount that the percentage will be calculated against. Then, divide the amount of money by this base amount and multiply the result by 100. For example, if you have $50 and want to find out what percentage it is of $200, you would calculate (50 / 200) × 100, resulting in 25%.
What is interest rate?
The percentage of a sum of money charged for its use.
What does a bank charge you when you borrow money from it?
When you borrow money from a bank, you are charged interest. interest is a fee for the use of someone else's mony and is usually a percentage of the amount of money borrowed. It is charged and paid each month, week, or day on the amount of borrowed money that has not yet been repaid.
What does interest rate mean?
The percentage of a sum of money charged for it's used.
What is percentage charged for convenience of exchanging one kind of money for another?
agio
What is the percentage charged for exchanging one kind of money for another called?
That is called 'agio' .
What is the term defined as a fee charged for the use of money?
The term defined as a fee charged for the use of money is "interest." Interest is typically expressed as a percentage of the principal amount and can be applied to loans, credit, and savings. It compensates lenders for the risk of lending money and the opportunity cost of not using the funds elsewhere. Interest can be simple or compound, depending on how it is calculated over time.
Which term is defined as a fee charged for the use of money?
interest
What are five ways people use percentages?
If you have money in the bank you get a certain percentage interest. If you borrow money you have to pay a certain percentage extra back. If you buy a product a percentage of the price is tax. When you earn money you pay a percentage in tax. The government knows what percentage of the population are unemployed.
Is a percentage of the amount loaned which is a charge for the use of the money?
INTEREST =op
What term is defined as fee charged for the use of money?
It is interest payable, usually on agreed terms.
What is the fee charged to borrow money called?
The fee charged to borrow money is called interest.
A percentage of the amount in the savings account which is a reward for the bank's use of the money?
interest
