Interest is best defined as "money paid to the banks to people who leave money in a bank account." Interest can also refer to the cost of borrowing money or the return earned on investments, but within the context of your options, this definition is the most relevant.
Question
What is interest?
Responses
Money paid to the banks to people who leave money in a bank account
Money paid to the banks to people who leave money in a bank account
Evidence of debt
Evidence of debt
An advancing market
An advancing market
A person who invests in the stock market
1 answer
1 answer