You borrowed $1000 from your bank to buy a motorcycle, but you are required to pay the bank back $1200. What is this extra $200 called? A) credit B) deposit C) interest D) loan - QAmmunity.org

You borrowed $1000 from your bank to buy a motorcycle, but you are required to pay the bank back $1200. What is this extra $200 called? A) credit B) deposit C) interest D) loan

asked Dec 28, 2020 2.4k views

2 Answers

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