Questions LLC
Login
or
Sign Up
Ask a New Question
Finance
Banking
Interest
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is _____________ (1 point) Responses Interest Interest Surplus Surplus Deficit Deficit Frosting
1 answer
Interest
You can
ask a new question
or
answer this question
.
Related Questions
Serena wants to borrow $15 000 and pay it back in 10 years. Interest rates are
high, so the bank makes her two offers: • Option
jessica borrow$9000 from the bank to purchase a used car.the bank has given her an interest rate of 7.5%annually for a period of
5. Assume you borrow $5,000 today and pay back the loan in one lump sum four years from today. You are charged 8 percent
if you borrow money for post-secondary education:
(a)you never have to pay it back. (b) you owe it back. (c) none of the above. i
If you borrow money from post-secondary education. a:you never have to pay it back. b:you owe it back. c:none of the above ----
Choose all that apply. Which of the following would be considered good reasons for a business to borrow money?
Responses To pay
Suppose you borrow $500 and you plan to pay it back all at once in 5 years. You are charged 2% interest compounded monthly.
What
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is _____________
(1
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is _____________ (1
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is (1 point)
O
