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Which term is defined as a fee charged for the use of money? a. interest b. down payment c. principal d. default

Which term is defined as a fee charged for the use of money? a. interest b. down payment c. principal d. default
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1 vote
Which term is defined as a fee charged for the use of money? a. interest b. down payment c. principal d. default

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User Remon Huijts
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8.6k points

2 Answers

1 vote
interest is the one defined as a fee charged for the use of money
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User Gladhus
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4 votes
B is a good term because a fee charge is used for money in a dowen payment

answered
User Sacheie
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8.4k points
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