Comments on: What is meant by interest rate in banking terms? http://bank1.info/what-is-meant-by-interest-rate-in-banking-terms/ Banking Thu, 24 Dec 2009 17:48:59 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: landmangirl http://bank1.info/what-is-meant-by-interest-rate-in-banking-terms/comment-page-1/#comment-487 landmangirl Sun, 30 Aug 2009 11:27:30 +0000 http://bank1.info/what-is-meant-by-interest-rate-in-banking-terms/#comment-487 <a href="http://speedrssreader.com">RSS Feed Reader</a> that means they will loan you the money and expect interest on the funds they loaned you. $100.00 at 9% means that you will pay back $109.00 for the loan RSS Feed Reader

that means they will loan you the money and expect interest on the funds they loaned you.
$100.00 at 9% means that you will pay back $109.00 for the loan

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