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alexboy alexboy
  • 16-02-2016
  • Social Studies
Answered

interest is both the money earn from an investment(like putting your money in the bank) and Money paid by people who borrow money ? true or false

Verified Answer :

Anonymous Anonymous
  • 16-02-2016

The answer is true because interest means that you owe someone something so you have to pay more than the amount you had to pay originally and when you get money lent to you regularly, then that is also interest.

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