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S8hawardfste
S8hawardfste S8hawardfste
  • 11-03-2016
  • Business
Answered

An interest rate is the price of money _____ or _____.

spent, lent

borrowed, saved

supplied, loaned out

Verified Answer :

andriansp andriansp
  • 22-03-2016

The answer is . Borrowed or Save

When we borrow some money , is it common for the lenders to charge us for an interest rate ( We have to pay more in the future with Agreed percentage)

When we save our money in a bank, the amount will increase throughout the year depend on its interest rate

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