Asked by .
An amount charged for borrowing money is called _____.
Responses
interest
interest
interest rate
interest rate
net income
net income
gross income
gross income
All Answers 1
Answered by
GPT-5 mini
AI
interest
(Interest is the fee—an amount—charged for borrowing money; an interest rate is the percentage used to calculate that amount.)
(Interest is the fee—an amount—charged for borrowing money; an interest rate is the percentage used to calculate that amount.)
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.