QuestionJuly 18, 2025

What is interest? The amount of money the bank gives you for keeping your money there Part ownership of a company The amount of money you start with None of the above

What is interest? The amount of money the bank gives you for keeping your money there Part ownership of a company The amount of money you start with None of the above
What is interest?
The amount of money the
bank gives you for keeping
your money there
Part ownership of a
company
The amount of money you
start with
None of the above

Solution
4.5(189 votes)

Answer

The amount of money the bank gives you for keeping your money there Explanation 1. Define Interest Interest is the amount of money earned or paid for the use of money, typically expressed as a percentage rate over time.

Explanation

1. Define Interest<br /> Interest is the amount of money earned or paid for the use of money, typically expressed as a percentage rate over time.
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