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Gwy5Toby0nutb
Gwy5Toby0nutb Gwy5Toby0nutb
  • 12-06-2016
  • Business
Answered

The interest rate is the price paid for use of a

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metchelle
metchelle metchelle
  • 24-06-2016

The interest rate is the price paid for use of a FINANCIAL ASSET. Financial asset is the answer to the question. Interest rate is the fee that a borrower must pay the lender for the over time usage of the financial asset the borrower received. 

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