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Cost of borrowing or price of borrowing?
Interest to be paid on the principle-or amount borrowed.
The cost of borrowing money is called the?
The cost of borrowing money is called interest.
What do you call a charge for borrowing money?
a debtor with a dick
Why interest is not written in operating expenses in income statement?
Borrowing is a financing decision not an operating decision thus interest which derives from borrowing is not classified as operating either.
Against religion Muslims borrow money with interest?
Yes, borrowing money with interest is forbidden in Islam. Even borrowing money is seen as something unfavourable.
What is the amount charged for borrowing money called?
Interest.(:
What do you call the fee charged for borrowing money?
Interest.
What is the amount of money charged for borrowing money?
Interest
What is a charge levied for borrowing money?
Interest e2020!
Is money paid as interest a investing cash flow?
Interest paid is an operating activity if paid on short term borrowing or long term borrowing and not investing activity
Is high interest rate good or bad?
That depends on whether or not you're lending or borrowing. Lending = good Borrowing = bad
How do you understan borrowing in math?
Borrowing is the act of taking with intentions of returning it. If you borrow money, most people will charge interest on the money. Most banks charge interest yearly, sometimes monthly. The interest depends on who or where you borrow the money from.
