All stars emit energy and some of it is in the form of light. All stars can be seen without a telescope on a clear night. 7). Marcus has learned that the Sun is a star, but not the largest star in our galaxy.
Interest rate. Interest rate is the percentage of the face value of a bond or the balance in a deposit account that you receive as income on your investment. If you multiply the interest rate by the face value or balance, you find the annual amount you receive. For example, if you buy a bond with a face value of $1,000 with a 6% interest rate, you'll receive $60 a year. Similarly, the percentage of principal you pay for the use of borrowed money is the loan's interest rate.
The Interest Rate is an amount calculated by the lender (a percentage of the principle loan amount) that is charged to the borrower as a fee for use of the funds. The APR (Annual Percentage Rate) is the total amount of fees for use of the loaned funds, shown as a percentage charged on a yearly basis. The APR reflects the Interest Rate, as well as other fees and charges associated with the loan.