Law, 25.02.2021 18:20 yentel110306
Which of the following best describes the concept of interest?
Interest is the amount of money each bank must pay the Federal Reserve.
Interest is what consumers pay the bank to safely keep their money.
Interest is money paid by consumers to businesses for goods and services.
Interest is the price consumers pay for borrowing money from a bank.
Answers: 2
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Which of the following best describes the concept of interest?
Interest is the amount of money each...
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