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Beginning Balance: Financial Literacy (Interest)

3 minutes 54 seconds

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Interest, in finance and economics, is payment from a borrower to a lender. It is the charge for the privilege of borrowing money, typically expressed as annual percentage rate (APR). Part of the "Beginning Balance: Financial Literacy" series.

Media Details

Runtime: 3 minutes 54 seconds

Still image from: Beginning Balance: Financial Literacy (Credit Scores)
Beginning Balance: Financial Literacy
Episode 1
4 minutes 30 seconds
Grade Level: 7 - 12
Still image from: Beginning Balance: Financial Literacy (Interest)
Beginning Balance: Financial Literacy
Episode 2
3 minutes 54 seconds
Grade Level: 7 - 12
Still image from: Beginning Balance: Financial Literacy (Post-Secondary Loans)
Beginning Balance: Financial Literacy
Episode 3
5 minutes 16 seconds
Grade Level: 7 - 12