Title: Paying & Receiving Interest
Course: Indiana Economics Sample Syllabus > Section: Unit 6: Money & The Role of Financial Institutions

What is interest? Why are most people paying and earning interest at the same time? How are interest and opportunity cost related? Making informed borrowing, saving, and lending decisions requires a basic understanding of interest. This module will help you better understand what interest is and why borrowers pay interest and lenders/savers receive interest.