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The price of money borrowed or saved is called _____. interest loan money supply
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The price of money borrowed or saved is called _____.
interest
loan
money supply

User Hawkke
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7 votes

Answer:

interest

Step-by-step explanation:

User Daxlerod
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The price of money borrowed or saves is called INTEREST.

When you borrow money, interest is also paid on the principal. When you save money, interest is earned on the savings. This is the price of money borrowed or saved.
User Ajmedway
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