QuestionAugust 8, 2025

Which of the following terms represents the monetary cost of using credit? (1 point) credit score interest principal borrower

Which of the following terms represents the monetary cost of using credit? (1 point) credit score interest principal borrower
Which of the following terms represents the monetary cost of using credit? (1 point)
credit score
interest
principal
borrower

Solution
4.1(203 votes)

Answer

interest Explanation 1. Identify the term related to monetary cost The monetary cost of using credit is typically represented by the interest charged on the borrowed amount.

Explanation

1. Identify the term related to monetary cost<br /> The monetary cost of using credit is typically represented by the interest charged on the borrowed amount.
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