The correct response is All of the above. Interest can refer to the amount of money the bank pays you for the use of your money, the amount you might pay for a loan, and it is often expressed as a percentage rate.
Interest is _____.
(1 point)
Responses
The amount of money the bank pays you for the use of your money
The amount of money the bank pays you for the use of your money
The amount you might pay for a loan
The amount you might pay for a loan
A percentage rate
A percentage rate
All of the above
All of the above
1 answer
0 answers