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Title: World Geography Grade 9 Notes
Description: Notes for World Geography

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What is Credit?
When goods, services or money is received in exchange for a promise to pay a definite sum of
money at a future date

Obtaining Credit
Borrower is someone in need of credit
...

Lender is someone who gives credit
...

Open credit means you have an open line of credit you can spend on anything
...

The cost of credit expressed as a yearly interest rate
...
HOw much
would Miranda pay in interest if she makes the minimum payment
Title: World Geography Grade 9 Notes
Description: Notes for World Geography