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aleksklad [387]
3 years ago
14

Interest is:

Business
2 answers:
Rufina [12.5K]3 years ago
4 0
Hey there,

The word (interest) is when you borrow money but there is a little more money you have to add because of the fact that you took there money. So it is basically a charge on your self because you borrowed, they also need to make profit.

Your correct answer would be <span>a charge for the convenience of accessing money stored in your bank account.</span>
anastassius [24]3 years ago
4 0

Answer:

The correct answer is: B

Explanation:

Interest is charged by a creditor or the party lending money to a debtor or the party receiving money for the use of assets, which can be cash, a car, a house and so on. The interest rate is the interest amount expressed as a percentage of the initial value of the asset that was borrowed. In practice, a creditor would charge a lower interest to a debtor who is considered to have a lower default risk and a higher interest to a debtor who is considered to have a higher default risk. Default risk: is the probability that a debtor would be unable to meet the payment obligations of their debt.

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Alberto determined one of the metrics he would use to gauge the level of exposure his marketing message had with his target market was the number of times the target was exposed to his message throughout the six weeks of the campaign, representing its "frequency" is represented by this.

<h3>What is the market frequency?</h3>
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Answer:

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