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27 March, 22:04

You borrowed $1000 from your bank to buy a motorcycle, but you are required to pay the bank back $1200. What is this extra $200 called? A) credit B) deposit C) interest D) loan

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Answers (2)
  1. 27 March, 23:48
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    The extra $200 is interest the bank charges you for borrowing their money.
  2. 28 March, 00:32
    0
    The answer is interest. Good luck to ya.
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