interest rate, the percentage used to calculate extra money on savings or loans, interest, money earned on savings or paid for borrowing money, savings account, a bank account used mainly for keeping money for the future, earn interest, to receive extra money from a bank for keeping savings there, pay interest, to give extra money because you borrowed money, low interest rate, a small percentage of extra money paid or earned, high interest rate, a large percentage of extra money paid or earned, fixed rate, an interest rate that stays the same for a set time, variable rate, an interest rate that can go up or down over time, bank loan, money borrowed from a bank, borrow money, to receive money that must be returned later, save money, to keep money for future use, monthly payment, money paid every month toward a loan or bill, total cost, the full amount of money paid for something, including extra charges, compare rates, to look at different interest rates before choosing an option, rise, to become higher, fall, to become lower, financial decision, a choice about how to spend, save, borrow, or invest money
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B1 Flashcards — Interest Rates
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