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

George has been playing a video game for 10 minutes and is in the middle of a challenging level Ashley comes in and says that she hast to leave for the dentist
Nationalism-During the French revolution
Tamara is making hot cocoa for a party. Each serving calls for 1/32 pound of sugar. She has 3/4 pound of sugar available. How many servings of hot cocoa can Tam
The Linnaean system of classification sorts organisms into groups using a hierarchical system of levels. List the following terms correctly in the Linnaean clas
Fill the gaps with the correct preposition
87 children had to be taken to a basketball game. The school van could only fit 10 children in the van at one time. How many trips does the van need to make? A.
Is violence necessary? How about to resolve a conflict? Why or why not?
Can Someone Help Me With This Please!
solve for x ~[tex]x {}^{2} - 5x + 6 = 0[/tex]thankyou ~​
In the xy-plane, the x-axis contains all ordered pairs such that: A) the x and y-coordinates are 0. B) the x-coordinate is 0. C) the y-coordinate is 0. I'm answ