tamerbouhassan
tamerbouhassan tamerbouhassan
  • 20-01-2022
  • Business
contestada

What is the price paid for the use of borrowed money referred to as?
interest
default
liquidity
principal

Respuesta :

mubashar69
mubashar69 mubashar69
  • 20-01-2022
Interest
Interest is the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR). Key factors affecting interest rates include inflation rate, length of time the money is borrowed, liquidity, and risk of default. Interest can also express ownership in a company.
Answer Link

Otras preguntas

100 points & brainliest!
What is the slope of the line that passes through the points A(-2, -1) and D(3, 5)?
Hilda adds 5 to a number, then multiplies the sum by -2. The result is 6. What is the number?
What is Divine Right? A. The idea that nobles have the right to control their own land. B. The belief that all people are divine in God’s eyes. C. The idea that
Find each of the following differences by changing them into sums with multiplication by a negative number 8(x+3)-2(x+5)
Make an advertisement of vancancy for English teacher​
Does anyone know this?
Why____Andrew (miss) his lectures yesterday
What is the solution to the equation 3/4y+1/4=1+y , given the replacement set {−4, −3, −2} ? −4 −3 −2
Pre college need help