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Whitepunk [10]
3 years ago
8

The price of money borrowed or saved is called _____. interest loan money supply

Business
1 answer:
Vlad1618 [11]3 years ago
7 0
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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