What is interest? a) The amount of money initially borrowed or deposited. b) The amount of money paid or charged for the use of capital during th...
What is interest?
a) The amount of money initially borrowed or deposited.
b) The amount of money paid or charged for the use of capital during the entire time.
c) The amount of money that is paid or charged for each 100 in interest.
d) The time during which the money is borrowed or deposited and generates interest.
a) The amount of money initially borrowed or deposited.
b) The amount of money paid or charged for the use of capital during the entire time.
c) The amount of money that is paid or charged for each 100 in interest.
d) The time during which the money is borrowed or deposited and generates interest.
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