lindarod80
contestada

Which term is a word for a fee that is paid for the use of another person's money?
time
VX
O principal
O interest
O interest rate

Respuesta :

jfrankton

Answer:

Interest!

Step-by-step explanation:

The term that is used for a fee that is paid for with the use of another person's money is called interest. Interest is based on some percentage on which the lender lends you money.

(I researched it earlier)

shubhamchouhanvrVT

Interest is a word for a fee that is paid for the use of another person's money. The correct answer is option C.

What is interest?

Interest is the expense of borrowing money or the cost of lending money. The term that is used for a fee that is paid for the use of another person's money is called interest. Interest is based on some percentage on which the lender lends you money.

Therefore, interest is a word for a fee that is paid for the use of another person's money. The correct answer is option C.

To know more about interest follow

https://brainly.com/question/2151013

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