imshawtybaby29 imshawtybaby29

03-02-2021
English

contestada

1. the extra money a
bank charges For a loan is called:

a. interest
b. principal
c. borrower

Respuesta :

granthardy granthardy

03-02-2021

a. interest
this is the “tax” that makes the bank money from you borrowing their own money

Answer Link

Sweetylyx Sweetylyx

03-02-2021

Answer:

Interest Rate

Explanation: It is a re-occurring fee that you're required to repay, in addition to the principal.

Hope this helps and have a great day or night! :)

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