Earmona8mrztyriams Earmona8mrztyriams

05-04-2016
Business

Answered

The price of money borrowed or saved is called _____.

interest

loan

money supply

Verified Answer :

meerkat18 meerkat18

08-04-2016

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.

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agpier04 agpier04

16-12-2020

Answer:

interest

Explanation:

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