The amount of money charged to borrow money, expressed as a percentage, is called the _____.A.loan termB.collateralC.principalD.interest rate

Interest:A.is the cost of borrowing money.B.is the additional payment made by borrowers to lenders to convince them to delay their spending.C.depends on the supply and demand for loanable funds.D.is income for the households who loan money through financial intermediaries to firms for capital goods.E.All of these.

The interest rate banks charge their customers is known as the _____ rate.A.mortgageB.primeC.securitiesD.discount

Fill in the Blank QuestionFill in the blank question. rates on money loans determine the interest incomes earned by the owners of capital goods.

Fill in the Blank QuestionFill in the blank question.A loan backed by collateral, something valuable like property, is called a loan.

Multiple Choice Question_____ is a percentage of the principal that a bank charges for use of its money.Multiple choice question.CollateralCapitalInterestEquity