Word: percent
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...China maintains its current 7 percent growth rate, he continued, incomes there could increase by a factor of 128 within a 70-year lifetime...
...loan with an interest rate that exceeds legal limits, according to court documents. The lawsuit, filed by Fred Fahey, claims that Realty Financial Partners—a company which Harvard and other institutions have invested in—charged an interest rate on a $6.7 million loan of 42 percent, exceeding the state limit of 20 percent set under the Criminal Usury Act. Fahey, a real estate developer in Dracut, Mass., took the loan to finance a 186-home community and golf course. The lawsuit accuses Harvard, which is listed as a third-party defendant, of funding the loans...
...Harvard’s hot shooting that kept the squad afloat all night. Maine shot just 39.7 percent from the field, while the Crimson converted 57.4 percent from the floor and 41.7 percent from the three-point land...
...DOMA Liquors store manager Arjun Kunwar. “Once the classes start again, it’ll be mad busy. Students will buy a lot of liquor.” According to the estimate by ShopperTrak, a sales research company, Friday’s nationwide sales rose 8.3 percent over last year. Nationwide store visits increased 4.8 percent, but overall spending decreased, according to the National Retail Federation. For those students who did remain on campus, Black Friday provided a chance to grab discounted items at the mall. Lisa M. Yu ’11 woke...
...real estate developer accused Harvard of backing a loan with 42 percent interest—twice the legal limit—in a lawsuit filed last week. Fred Fahey, the developer who filed the suit, charged that Harvard and other institutions, including endowments at Yale and Princeton, violated a law that was intended to curb loan sharks, who impose excessive rates on borrowers, often backed by threats of violence. The lawsuit claimed that Harvard and the other institutions invested in Realty Financial Partners, which charged an interest rate that exceeded state limits. Other parties that were named in the suit...