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malfutka [58]
3 years ago
6

The cost of borrowing money is called _____. risk deposit interest

Business
2 answers:
GaryK [48]3 years ago
8 0
<span>The cost of borrowing money is called the interest. Interest is what you pay to the loan company or lender when you borrow money from them. The interest is what they are charging when they give you money for a purchase now while you pay them back overtime. </span>
Mamont248 [21]3 years ago
3 0
I believe the right answer is interest. 
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