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larisa [96]
2 years ago
5

What is the word for a fee based on a percentage of money borrowed?

History
2 answers:
olganol [36]2 years ago
6 0

Answer:

The answer is (D) <u>Interest</u>

Explanation:

An <em>Interest </em>is a fee which is based on the precentage of the money borrowed.

Hope this helped.

~<u>rere</u>

satela [25.4K]2 years ago
4 0

Interest Rate

Explanation:

The cost of borrowing money expressed as a percentage of the amount borrowed

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