Interest allows creditors to be paid for giving up Loans.
In a loan, the debtor must paid a specific amount that agreed upon the initial borrowing to the creditors over period of time in order for the creditors to gain profit from the process
hope this helps
<span>She was most clearly focused on satisfying the primary needs. The
theory of the pyramid of Maslow's needs indicates that the human being
focuses on solving a basic need before moving on to a more specific
need. <span>He places the primary needs in the lower part of the
pyramid, such as food or security, once this need is replaced, a more
complex need is introduced, such as the acquisition of knowledge.
I hope my answer can help you.
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A primary election is an election during which voters can indicate their preferred candidate in an upcoming general election. In other words its a process for narrowing the number of candidates for general elections.
General Election is a process, during which, nation's primary legislative candidates a nation or state are elected. Generally they are held at some intervals such as every four years.
Special Election is an election scheduled at unusual date for a specific purpose. It happens generally to fill an position that has become vacant before the incumbent has completed the term.
Run-off Election means an initial election did not result in a winner because it was tied or too close to call. A runoff election settles the matter, providing a final decision.
A Recall Election (is also known as recall referendum and it is a procedure when voters elected official can be removed from the post via direct vote before that official's term has ended.