Question

1. the extra money a
bank charges For a loan is called:

a. interest
b. principal
c. borrower

Answer 1

a. interest
this is the “tax” that makes the bank money from you borrowing their own money

Answer 2

Answer:

Interest Rate

Explanation:  It is a re-occurring fee that you're required to repay, in addition to the principal.

Hope this helps and have a great day or night! :)