Ha0l2essnandamya
Ha0l2essnandamya Ha0l2essnandamya
  • 20-06-2016
  • Business
contestada

Interest is the cost of borrowing.
a. True
b. False

Respuesta :

metchelle
metchelle metchelle
  • 28-06-2016
Interest is defined as the amount paid regularly at an agreed rate for the use of money lent. Depending on the agreement of both parties, interest is for the delayed repayment of a debt. So, to answer the question above: True.
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