Question

The additional money paid by the borrower to the lender for having used his money is called the __________________.​

Answer 1

Answer:

The additional money paid by the borrower to the lender for having used his money is called -Interest

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Answer 2

Answer

Answer below

Step-by-step explanation:

Basically additional money paid by the borrower to the lender is known as interest

Interest means money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt