Question and answer
16. The interest is the amount of money borrowed. (Points : 1) True False
The interest is the amount of money borrowed. This is FALSE. It's the principal.
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Asked 3/23/2012 3:25:32 PM
Updated 3/29/2014 9:12:29 AM
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The interest is the amount of money borrowed. This is FALSE. It's the principal.
Added 3/29/2014 9:12:29 AM
This answer has been confirmed as correct and helpful.
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can The time of a loan could be expressed in months, years, or days. User: is The bank charges for use of money is called interest.
Question
Updated 6/14/2016 12:39:35 PM
2 Answers/Comments
The time of a loan could be expressed in months, years, or days. TRUE.
Added 6/14/2016 12:39:16 PM
This answer has been confirmed as correct and helpful.
The bank charges for use of money is called interest. TRUE.

Added 6/14/2016 12:39:35 PM
This answer has been confirmed as correct and helpful.
18 months is the same as 1.5 years. (Points : 1) True False
Question
Updated 6/14/2016 8:43:52 PM
1 Answer/Comment
18 months is the same as 1.5 years. TRUE.
Added 6/14/2016 12:41:13 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [6/14/2016 8:43:51 PM]
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