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The fee paid for using other people's money is known as: A. simple interest. B. interest. C. period. D. principal.

The fee paid for using other people's money is known as: A. simple interest. B. interest. C. period. D. principal.
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The fee paid for using other people's money is known as: A. simple interest. B. interest. C. period. D. principal.

User Ojreadmore
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2 Answers

2 votes

I'm pretty sure the answer is interest.


User Ahtartam
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8.1k points
2 votes
The answer is B, interest.

Hope that helps :)
User Shuttsy
by
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