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14 July, 05:57

Which term is a word for a fee that is paid for the use of another person's money?

time

VX

O principal

O interest

O interest rate

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  1. 14 July, 05:59
    0
    Interest!

    Step-by-step explanation:

    The term that is used for a fee that is paid for with the use of another person's money is called interest. Interest is based on some percentage on which the lender lends you money.

    (I researched it earlier)
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