question 33 points 2\n____ is the charge for borrowing money.\ncredit\nlending fee\nborrowing fee\ninterest
question 33 points 2\n____ is the charge for borrowing money.\ncredit\nlending fee\nborrowing fee\ninterest
Answer
Brief Explanations:
Interest is the cost charged for borrowing money. It is a percentage - based amount paid by the borrower to the lender. Credit refers to the ability to borrow money. Lending and borrowing fees are one - time or periodic charges related to the process of lending or borrowing, but they are not the main charge for borrowing money like interest.
Answer:
Interest