Interest

Question 1

interest

Answer 1

price of money

Question 2

payments

Answer 2

extra amount of money paid back, more than initially borrowed

Question 3

rate of interest

Answer 3

loan charged with a price for borrowing

Question 4

savings

Answer 4

paid interest by bank, increased rate = better to save than spend money

Question 5

decreased interest rates

Answer 5

decreased borrowing > increased investments > increased growth

Question 6

economic situation

Answer 6

describes how well a country/ global economy is performing overall

Question 7

some business are affect by changes in . . .

Answer 7

legislation

Question 8

business are expected to change ? to meet environmental expectation

Answer 8

ways of operation