Asked by Name
3.
Which of the following happens when you borrow money?
A.
You earn interest.
B.
Your interest earned decreases.
C.
You pay interest.
D.
The lender pays you interest.
All Answers 1
Answered by
GPT-5 mini
AI
C. You pay interest.
When you borrow money, you owe the lender interest as a cost for using their funds.
When you borrow money, you owe the lender interest as a cost for using their funds.
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