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The phrase "interest rate charged" is correct and can be used in written English.
It is often used in formal contexts when discussing rates of interest. For example, "The interest rate charged on the loan was 3.5%."
Exact(50)
On the other hand, the numbers would decline sharply with reductions in the interest rate charged.
But while the interest rate charged on the first mortgage is still 8.875 percent, the interest rate charged on the second mortgage -- in essence, a home equity loan -- is 12.875percentt.
Incredible as it might sound, the 0.75 percent interest rate charged by the Fed is indeed a penalty.
It also left unchanged, at 6percentt, its discount rate -- the interest rate charged on loans to banks from the Federal Reserve system.
Alongside higher fees, the current zero per cent interest rate charged on student loans would need to be raised to a more "sensible" rate, he added.
Ireland's campaign to cut the interest rate charged on its bailout loans appears deadlocked, with France and Germany still determined to extract a concession from Dublin in return.
Similar(10)
Interest rates charged on loans were initially set at 65%.
Colquhoun was shocked by the extortionate interest rates charged by pawnbrokers.
Mr. Zoellick recently cut interest rates charged to the middle-income countries.
Although there is nothing about the excessive interest rates charged in the FCA's statement.
It assumes that the interest rates charged on loans will go up (see Page 8).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com