- published: 29 Apr 2013
- views: 58635
Interest is money paid by a borrower to a lender for a credit or a similar liability. Important examples are bond yields, interest paid for bank loans, and returns on savings. Interest differs from profit in that it is paid to a lender, whereas profit is paid to an owner. In economics, the various forms of credit are also referred to as loanable funds.
When money is borrowed, interest is typically calculated as a percentage of the principal, the amount owed to the lender. The percentage of the principal that is paid over a certain period of time (typically a year) is called the interest rate. Interest rates are market prices which are determined by supply and demand. They are generally positive because loanable funds are scarce.
Interest is often compounded, which means that interest is earned on prior interest in addition to the principal. The total amount of debt grows exponentially, and its mathematical study led to the discovery of the number e. In practice, interest is most often calculated on a daily, monthly, or yearly basis, and its impact is influenced greatly by its compounding rate.
You look so good when you're depressed
Better even in your current state of undress
Tears caressing me like rain
And I'm not even thinking, I feel fine in your pain
The coolest thing I ever saw
You were sitting there smoking my cigarettes
You were naked on the bare stone floor
Looked at me to say don't guess
I was only watching, yes I love you more undressed
Is it really such a sin?
Should I feel some kind of shame?
Will I truly go to hell?
Oh, you never lock the bathroom door
Should I be embarrassed when I've seen a hundred times before
How do married couples cope?
Should I say, "Excuse me darling?", I don't know
We could disconnect the telephone
Just sit around and mess around
And tell your ma we went to Rome, Tennessee
And I'm not even drinking, I feel fine, it's scary
Is it really such a sin?
Should I feel some kind of shame?
Will I truly go to hell?
Oh well
The coolest thing I ever saw
You were sitting there smoking my cigarettes
You were naked on the bare stone floor
You looked at me to say don't guess
I was only watching