Question and answer
The amount the bank charges for use of money is called interest.
Question
Asked 9/13/2012 3:51:33 PM
Updated 3/17/2014 7:05:21 AM
1 Answer/Comment
Flagged by jeifunk [3/17/2014 7:05:21 AM]
s
Get an answer
Original conversation
User: The amount the bank charges for use of money is called interest.

Question
Asked 9/13/2012 3:51:33 PM
Updated 3/17/2014 7:05:21 AM
1 Answer/Comment
Flagged by jeifunk [3/17/2014 7:05:21 AM]
New answers
Rating
3
TRUE. The amount the bank charges for use of money is called interest.
Added 3/17/2014 7:05:19 AM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What is the definition of interest?
Question
Updated 12/25/2014 5:47:26 AM
1 Answer/Comment
Interest refers to a state of curiosity or concern about or attention to something .


Added 12/25/2014 5:46:07 AM
This answer has been confirmed as correct and helpful.
Confirmed by selymi [12/25/2014 5:47:27 AM]
The time of a loan could be expressed in months, years, or days. TRUE or FALSE.
Question
Updated 3/2/2018 9:01:44 AM
1 Answer/Comment
The time of a loan could be expressed in months, years, or days. TRUE.
Added 3/2/2018 9:01:44 AM
This answer has been confirmed as correct and helpful.
is it false that The time of a loan could be expressed in months, years, or days.
Question
Updated 3/17/2014 7:04:47 AM
1 Answer/Comment
TRUE. The time of a loan could be expressed in months, years, or days.
Added 3/17/2014 7:04:47 AM
This answer has been confirmed as correct and helpful.
true or false. The exact interest method represents time as the exact number of days divided by 365.
Question
Updated 12/27/2017 5:56:18 AM
1 Answer/Comment
The exact interest method represents time as the exact number of days divided by 365. TRUE.
Added 12/27/2017 5:56:18 AM
This answer has been confirmed as correct and helpful.
31,988,855
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
S
L
Points 534 [Total 3531] Ratings 1 Comments 524 Invitations 0 Offline
S
L
P
L
P
Points 378 [Total 6401] Ratings 0 Comments 378 Invitations 0 Online
S
L
P
R
P
R
L
P
P
C
R
P
R
L
P
R
Points 346 [Total 12437] Ratings 1 Comments 266 Invitations 7 Online
S
L
P
1
Points 338 [Total 3194] Ratings 1 Comments 328 Invitations 0 Online
S
L
Points 276 [Total 1769] Ratings 1 Comments 266 Invitations 0 Offline
S
L
Points 212 [Total 4596] Ratings 1 Comments 202 Invitations 0 Offline
S
L
1
Points 128 [Total 3439] Ratings 2 Comments 108 Invitations 0 Offline
S
L
Points 93 [Total 244] Ratings 2 Comments 73 Invitations 0 Offline
S
L
Points 71 [Total 230] Ratings 0 Comments 71 Invitations 0 Offline
S
L
L
Points 42 [Total 5330] Ratings 1 Comments 32 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.