Questions LLC
Login
or
Sign Up
Ask a New Question
Finance
Loans and Borrowing
Interest
What is the word for a fee based on a percentage of money borrowed?
a
collateral
b
credit
c
debt
d
interest
1 answer
d. interest
You can
ask a new question
or
answer this question
.
Related Questions
A student spends 37.5% of his money on food 28.75%on rent and 15% on books. what percentage what percentage of her money is left
When an institution lends you money, that institution is entitled to charge a fee for lending you money. What is this additional
What is the word for a fee based on a percentage of money borrowed?
A. collateral B. credit C. debt D. interest
Choose the correct answers.
Karla Kaufmann borrowed $750 at 12 percent for one year. She paid a $20 processing fee. The interest
Use the sentence to answer the question.
Roger had always admired his aunt's altruism, for she gave money to anyone in need.
The word aloof is an English word borrowed from Dutch. It's meaning is "at a distance". In which of the following sentences is
Which of the following best describes an overdraft fee?
removing money from an account, typically for payment percentage
Zach borrowed $50,000 to buy a car, put a down payment on a house, and pay for student loans. Some of the money was borrowed at
1. Will you lend me some money?
2. He lent me some money. 3. Can I borrow you some money? 4. Can I borrow some money from you? 5.
When you owe money, it is _____. (1 point) Responses a debt a debt collateral collateral available balance available balance a