asked 79.9k views
5 votes
What is interest?

A
Paying extra for the convenience of borrowing money.

B
The cost of borrowing money.

C
Activities you enjoy doing.

D
Both A and B

asked
User Sophana
by
9.5k points

2 Answers

5 votes
I believe the answer is D, Both A and B Hope this helps
answered
User Matcygan
by
7.9k points
2 votes
The best answer among the following choices would be D) aka the fourth option because interest is where you pay a fee in order to borrow money from someone or the bank.
answered
User Paul Lysak
by
7.2k points

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