Which of these best fits the definition of interest, as it applies to finance?
a. interest i...
Business, 01.10.2019 05:30 student679
Which of these best fits the definition of interest, as it applies to finance?
a. interest is the money earned by investing.
b. interest is the cost of borrowing money.
c. interest is the cost of investing poorly.
d. interest is the portion of a loan which must be repaid every year.
Answers: 2
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