Business, 15.11.2019 18:31, DarcieMATHlin2589
Why is interest typically paid on a loan? a. to compensate the borrower for borrowing from a specific lender b. to ensure that people do not borrow money without having a good reason c. to compensate the lender for the risk that the loan will not be repaid d. to compensate the lender for temporarily making do without the money that was lent
Answers: 2
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Why is interest typically paid on a loan? a. to compensate the borrower for borrowing from a specif...
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