Answered

The percentage paid to a person based upon the amount of their money a bank holds and uses is known as

A. interest
B. investment
C. capital gains
D. dividends



Answer :

GinnyAnswer

Final answer:

Interest is the payment made for the use of money over time.


Explanation:

Interest is the income earned from lending savings to others, expressed as a percentage of the principal amount. It is the payment made for the use of money over a period of time.


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