Question

Fill in the blanks with the appropriate option:

A__________uses the money of a_________, and in exchange will pay back the with a fee (usually in the form of_________).
A. lender; borrower; purchases; lines of credit
B. lines of credit, convenience, purchases
C. borrower; lender; loan; interest

Answer 1

The answer is C. Borrows; lender; loan; interest;

Answer 2

Answer: C

Step-by-step explanation:

choices have costs, and that is certainly true when

borrowing money. In most cases, borrowing money

involves getting a loan; in return, you promise to repay

that loan. The amount you repay, however, is not just the

amount you borrowed. It also includes interest. Depending

upon the rate of interest and the amount of the monthly

payment, it could increase the price of your purchase by

double, triple, or even more.