Question

Match each term with the correct item.

 

Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.

Property or other security used to guarantee the repayment of a loan

The amount borrowed when taking out a loan

The percentage of a financial loan which is paid as a fee over a period of time

The institution or individual that loans money to an individual or business at a set interest rate over a set period of time

The profit or loss derived from an investment

Ability to obtain goods and services before payment, or money lent or made available, both with specific guidelines for repayment

Lender

Return

Interest Rate

Collateral

Principal

Credit



Answers

Answered by GPT 3.5
Property or other security used to guarantee the repayment of a loan - Collateral

The amount borrowed when taking out a loan - Principal

The percentage of a financial loan which is paid as a fee over a period of time - Interest Rate

The institution or individual that loans money to an individual or business at a set interest rate over a set period of time - Lender

The profit or loss derived from an investment - Return

Ability to obtain goods and services before payment, or money lent or made available, both with specific guidelines for repayment - Credit
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