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5 votes
What do you actually pay back when you
borrow money on a loan?

User John Fultz
by
3.8k points

1 Answer

6 votes

Answer:

  • You're paying back the interest and fee's

Step-by-step explanation:

So a Loan is basically a sum of money given to you and then in return of the Loan you give back interest fee's.

User Stephen Jennings
by
4.4k points