Ram Kumar

Ram Kumar проживает в городе Bangalore, Индия. Родной город - goa. Из открытых источников получены следующие сведения: информация о высшем и среднем образовании.

Interest is a fee paid on borrowed assets. It is the price paid for the use of borrowed money,[1] or, money earned by deposited funds.[2] Assets that are sometimes lent with interest include money, shares, consumer goods through hire purchase, major assets such as aircraft, and even entire factories in finance lease arrangements. The interest is calculated upon the value of the assets in the same manner as upon money. Interest can be thought of as "rent of money". When money is deposited in a bank, interest is typically paid to the depositor as a percentage of the amount deposited; when money is borrowed, interest is typically paid to the lender as a percentage of the amount owed. The percentage of the principal that is paid as a fee over a certain period of time (typically one month or year), is called the interest rate. Interest is compensation to the lender for the risk of not being paid back, and for forgoing other useful investments that could have been made with the loaned asset. These forgone investments are known as the opportunity cost. Instead of the lender using the assets directly, they are advanced to the borrower. The borrower then enjoys the benefit of using the assets ahead of the effort required to obtain them, while the lender enjoys the benefit of the fee paid by the borrower for the privilege. The amount lent, or the value of the assets lent, is called the principal. This principal value is held by the borrower on credit. Interest is therefore the price of credit, not the price of money as it is commonly believed to be.[citation needed] Interest is the price paid for the use of savings over a given period of time. In ancient biblical Israel, it was against the Law of Moses to charge interest on private loans [3].During the Middle Ages, time was considered to be property of God. Therefore, to charge interest was considered to be commerce with God's property. Also, St. Thomas Aquinas, the leading theologian of the Catholic Church, argued that the charging of interest is wrong because it amounts to "double charging", charging for both the thing and the use of the thing. The church regarded this as a sin of usury; nevertheless, this rule was never strictly obeyed and eroded gradually until it disappeared during the industrial revolution.[citation needed] Usury has always been viewed negatively by the Roman Catholic Church. The Second Lateran Council condemned any repayment of a debt with more money than was originally loaned, the Council of Vienna explicitly prohibited usury and declared any legislation tolerant of usury to be heretical, and the first scholastics reproved the charging of interest. In the medieval economy, loans were entirely a consequence of necessity (bad harvests, fire in a workplace) and, under those conditions, it was considered morally reproachable to charge interest.[citation needed] It was also considered morally dubious, since so goods were produced through the lending of money, and thus it should not be compensated, unlike other activities with direct physical output such as blacksmithing or farming.[4] Interest has often been looked down upon in Islamic civilization as well for the same reason for which usury TV Isaac's painting of New York's destruction in "Genesis" - the following episode, set five weeks in the future, depicts the same explosion, and the painting forms the basis of the primary story arc of the first season. MUSIC Your Favorite Music is the second album by indie rock band Clem Snide. The album was originally released as their major-label debut by Sire Records, but the label dropped them prior to the release. Clem Snide eventually signed with spinART Records, who releases the album today with a bonus track, "The Water Song." The song "I Love the Unknown" was released as a single in Europe. 1. "The Dairy Queen" 2. "Exercise" 3. "Your Favorite Music"

Interest is a fee paid on borrowed assets. It is the price paid for the use of borrowed money, [1] or, money earned by deposited funds.[2] Assets that are sometimes lent with interest include money, shares, consumer goods through hire purchase, major assets such as aircraft, and even entire factories in finance lease arrangements. The interest is calculated upon the value of the assets in the same manner as upon money. Interest can be thought of as "rent of money". When money is deposited in a bank, interest is typically paid to the depositor as a percentage of the amount deposited; when money is borrowed, interest is typically paid to the lender as a percentage of the amount owed. The percentage of the principal that is paid as a fee over a certain period of time (typically one month or year), is called the interest rate. Interest is compensation to the lender for the risk of not being paid back, and for forgoing other useful investments that could have been made with the loaned asset. These forgone investments are known as the opportunity cost. Instead of the lender using the assets directly, they are advanced to the borrower. The borrower then enjoys the benefit of using the assets ahead of the effort required to obtain them, while the lender enjoys the benefit of the fee paid by the borrower for the privilege. The amount lent, or the value of the assets lent, is called the principal. This principal value is held by the borrower on credit. Interest is therefore the price of credit, not the price of money as it is commonly believed to be.[citation needed] Interest is the price paid for the use of savings over a given period of time. In ancient biblical Israel, it was against the Law of Moses to charge interest on private loans [3].During the Middle Ages, time was considered to be property of God. Therefore, to charge interest was considered to be commerce with God's property. Also, St. Thomas Aquinas, the leading theologian of the Catholic Church, argued that the charging of interest is wrong because it amounts to "double charging", charging for both the thing and the use of the thing. The church regarded this as a sin of usury; nevertheless, this rule was never strictly obeyed and eroded gradually until it disappeared during the industrial revolution.[citation needed] Usury has always been viewed negatively by the Roman Catholic Church. The Second Lateran Council condemned any repayment of a debt with more money than was originally loaned, the Council of Vienna explicitly prohibited usury and declared any legislation tolerant of usury to be heretical, and the first scholastics reproved the charging of interest. In the medieval economy, loans were entirely a consequence of necessity (bad harvests, fire in a workplace) and, under those conditions, it was considered morally reproachable to charge interest.[citation needed] It was also considered morally dubious, since so goods were produced through the lending of money, and thus it should not be compensated, unlike other activities with direct physical output such as blacksmithing or farming.[4] Interest has often been looked down upon in Islamic civilization as well for the same reason for which usury TV Isaac's painting of New York's destruction in "Genesis" - the following episode, set five weeks in the future, depicts the same explosion, and the painting forms the basis of the primary story arc of the first season. MUSIC Your Favorite Music is the second album by indie rock band Clem Snide. The album was originally released as their major-label debut by Sire Records, but the label dropped them prior to the release. Clem Snide eventually signed with spinART Records, who releases the album today with a bonus track, "The Water Song." The song "I Love the Unknown" was released as a single in Europe. 1. "The Dairy Queen" 2. "Exercise" 3. "Your Favorite Music" 4. "African Friend" 5. "Bread" as forbidden by the Catholic Church, with most Rodgers and Ham