The interest rate represents the retribution charged by a bank when delivering a loan to a consumer. This price charged is higher when the underlying operation is riskier (for example, if there is a risk of default because the borrower is not very reliable), so that the bank is willing to assume the risk involved and to deliver the amount of the loan.
The chart attached shows how the bank delivers a loan of $10,000 and the <u>amount paid back by the borrower is the highest when the interest rate charged is the 18%. </u>
President Lincoln demoted McClellan because C. McClellan failed to defeat Lee at Antietam Creek. McClellan also failed to pursue Lee after the Battle of Antietam despite Lincoln's commands.
1. She sewed the first American flag 2. She met George Washington 3. She ran a successful upholstery business 4. She sewed and repaired uniforms for the continental army 5. She made flags until the 1820's
