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kykrilka [37]
3 years ago
13

Name an example when earning interest and paying interest? Use in your own words.

English
2 answers:
Oksana_A [137]3 years ago
7 0

Answer:

Interest is earned when money is given out as asset by one who has it in excess to one who is in need of it. The earning is on the Part of the giver.it is what you gain by lending money out.

Interest paid on the other hand is a direct opposite of interest earned in the sence that it is what you pay on money borrowed in the form of loans and advances. You pay interest when you receive while you earn interest when you give.

Payment and earning both depend on what side you are on, going or receiving.

Keith_Richards [23]3 years ago
3 0

Answer:

earning interest example money put into a bank account

paying interest example paying back pulse a certain percent more of the original amount

Explanation:

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<h3>What is an inference?</h3>

This is the conclusion that is reached upon the rational examination of textual evidence .

The section of the excerpt that provides evidence for the above answer is:

"But Perseus had Hermes with him, so that the road lay open to him, and he reached that host of happy people who are always banqueting and holding joyful revelry. They showed him great kindness: they welcomed him to their feast, and the maidens dancing to the sound of flute and lyre paused to get for him the gifts he sought."

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<h3>What are pronouns?</h3>

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