imshawtybaby29 imshawtybaby29
  • 03-02-2021
  • English
contestada

1. the extra money a
bank charges For a loan is called:

a. interest
b. principal
c. borrower

Respuesta :

granthardy granthardy
  • 03-02-2021
a. interest
this is the “tax” that makes the bank money from you borrowing their own money
Answer Link
Sweetylyx
Sweetylyx Sweetylyx
  • 03-02-2021

Answer:

Interest Rate

Explanation:  It is a re-occurring fee that you're required to repay, in addition to the principal.

Hope this helps and have a great day or night! :)

Answer Link

Otras preguntas

Lisa borrows 2850 at 4.3 simple interest per year. When Lisa pays loan back 9 years later, what total amount that Lisa ends up repaying?
Since 1823 which united states policy has limited foreign influence in the western hemisphere
what is y+1= -3/5(x-4) in slope intercept form?
Margarito opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there are no deposits or withdrawals, how much money is in the acc
Help would be appreciated!
Express the decimal 0.907 as a percent?
what is the effect on the graph of changing the x-coefficient (the"m")
Elisa ____ en forma con el entrenamiento de vólibol. a. me mantengo b. se mantiene c. mantenerse
Do you think the Egyptian people were pleased with the rule of Akhenaton and Nefertiti
describe four human impacts on the lithosphere brought on through agriculture.