Ask Question
11 April, 17:44

What is the price paid for the use of borrowed money referred to as?

+5
Answers (1)
  1. 11 April, 19:53
    0
    This is called interest. Borrowed money is the loan and you pay interest when paying back a loan.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the price paid for the use of borrowed money referred to as? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers