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"interest charged" is a correct and usable phrase in written English.
It is commonly used in financial contexts to refer to the interest rate that is applied to a loan or other financial transaction. For example, "The credit card agreement specified an annual interest rate of 3%, with no additional interest charged for late payments."
Exact(60)
What about interest charged?
Turkey's 2006 law capped the monthly interest charged by banks.
The rate of interest charged is known as the "discount rate," or "rediscount rate".
In 1894 the rate of interest charged by the two banks was equalized.
The average pawnbroking loan is around £160 with interest charged at 8% a month.
The society said the borrowers would receive a refund of any additional interest charged.
But investment income rarely matches the interest charged on the loan.
That's up from £3,300 a year with no interest charged.
The retailer gets a cut of the fees and interest charged to shoppers who use the cards.
The hit could be even higher, though, depending on the rate of interest charged on the buy-to-let mortgage.
This helped governments reduce the interest charged to Greece for its first bailout by up to 1.5 percentage points.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com