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Which term is a word for a fee that is paid for the use of another person's money? time principal interest interest rate

Which term is a word for a fee that is paid for the use of another person's money? time principal interest interest rate
asked 113k views
5 votes
Which term is a word for a fee that is paid for the use of another person's money?

time
principal
interest
interest rate

asked
User Wolric
by
8.0k points

2 Answers

1 vote
The answer is interest
answered
User Samer Buna
by
7.7k points
4 votes

Answer:

Interest

Explanation:

answered
User Wasserholz
by
7.9k points
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