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2.3.1 Interest rates
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What is an interest rate?

What is an interest rate?

Two parallel chains showing how rising and falling interest rates affect borrowing, consumer spending, demand, profit and growth

An interest rate is the cost of borrowing money and the reward for saving it. It is shown as a percentage of the amount borrowed or saved, usually per year.

2.3.1 Interest rates Lesson

  1. GCSE
  2. /Business
  3. /2.3.1 Interest rates

Step-by-step lessons on AQA GCSE Business 2.3.1 Interest rates. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.

Lessons