Question: Interest rates are the extra amount that borrower needs to pay when borrowing money from someone or financial institutions. Describe FIVE (5) factors that affect

Interest rates are the extra amount that borrower needs to pay when borrowing money from someone or financial institutions. Describe FIVE (5) factors that affect the level of interest rates.

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There are several factors that can affect the level of interest rates Here are five key factors 1 Inflation Inflation refers to the general increase i... View full answer

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