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What is interest? A. A type of credit that does not require a deposit B.A type of loan for purchasing a home C. The rate paid for the use of credit D. The rate paid for a good s…

What is interest? A. A type of credit that does not require a deposit B.A type of loan for purchasing a home C. The rate paid for the use of credit D. The rate paid for a good s…
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3 votes
What is interest?

A. A type of credit that does not require a deposit

B.A type of loan for purchasing a home

C. The rate paid for the use of credit

D. The rate paid for a good service

asked
User CJ Johnson
by
9.0k points

2 Answers

4 votes

The answer is C, the rate paid for the use of credit

answered
User Simon Zeinstra
by
8.3k points
2 votes

Answer:

C...

Step-by-step explanation:

answered
User YarGnawh
by
8.0k points
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