IN MATH: 1. n. amount paid or received for the loaning of money or the borrowing of money. EX. Banks pay interest to savings account holders by using the interest they've collected from those borrowing money.
IN ENGLISH: 1. v.t. to cause to have a concern or curiosity about. EX. Can I interest you in a piece of cake? 2. n. a concern, an investment in. EX. I have an interest in the outcome of the trial.
APPLICATION: (see list 120)
1. Compute the total interest earned on $100 at 5% per year paid annually for 2 years.
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