Why does it make sense to say that the interest rate is the price to rent money?

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Financial Management Core Concepts

ISBN: 978-0133866698

3rd edition

Authors: Raymond M Brooks

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Question Posted: Oct 31, 2017 08:17 AM

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Why does it make sense to say that the interest rate is the price to rent money?

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You really only rent money for a period of time because when y...View the full answer

Financial Management Core Concepts

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