Register
Interest is both the money earned from an investment (like putting your money in the bank) and money paid by people who borrow money. a. True b. False
143k views
3 votes
Interest is both the money earned from an investment (like putting your money in the bank) and money paid by people who borrow money.

a. True
b. False

User SlashGordon
by
8.2k points

1 Answer

6 votes

a. true , you earn interest if you are saving in an institution, you pay interest on a loan
User Christopher Wirt
by
7.9k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

Who was the boy who  became king at the age of 9?
In the peaceful period of the Middle Kingdom, what area of culture thrived?
Why did the slogan Peace Land and Bread appeal to the Russian people?
Why wasn't New England's land well-suited for farming
Which city was located nearest the nile river delta
Link Copied!