[Early Israel and the Surrounding Nations by Archibald Sayce]@TWC D-Link book
Early Israel and the Surrounding Nations

CHAPTER VI
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It was "a goodly Babylonish garment," secreted by Achan from among the spoil of Jericho, that brought destruction upon himself and his family.
Money-lending naturally occupied a prominent place in the transaction of business.

The ordinary rate of interest was 20 per cent, paid in monthly instalments; in the time of Nebuchadrezzar, however, it tended to be lower, and we find loans made at 13-1/2 per cent.

The penalty was severe if the capital were not repaid at the specified date.

The payment was occasionally in kind, but money was the usual medium of exchange.

It consisted of rings or tongue-like bars of gold, silver, and copper, representing manehs and shekels.


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