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The interest is the amount of money borrowed. True False

The interest is the amount of money borrowed. True False
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5 votes
The interest is the amount of money borrowed.
True
False

asked
User Niall Murphy
by
8.3k points

1 Answer

4 votes
False, because the interest is the amount of money generated on top of the money borrowed.
answered
User Neilkimmett
by
8.4k points
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