5 multiple choice 1 point the amount a borrower pays for a loan is ______. inflation commerce lending interest
5 multiple choice 1 point the amount a borrower pays for a loan is ______. inflation commerce lending interest
Answer
Brief Explanations:
Interest is the cost a borrower pays for using a lender's money. Inflation is about general price - level changes, commerce is a broad term for trade and business activities, and lending is the act of providing a loan.
Answer:
D. Interest