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23 January, 13:18

You borrowed $1000 from your bank to buy a motorcycle, but you are required to pay the bank back $1200. What is this extra $200 called? A) credit B) deposit C) interest D) loan

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  1. 23 January, 14:30
    0
    The answer is interest. Good luck to ya.
  2. 23 January, 16:33
    0
    The extra $200 is interest the bank charges you for borrowing their money.
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