intrest?
The fee charged to borrow money is called interest.
It's probably called something like an activity fee.
Interest.
interest
The term defined as a fee charged for the use of money is "interest." Interest is typically expressed as a percentage of the principal amount and can be applied to loans, credit, and savings. It compensates lenders for the risk of lending money and the opportunity cost of not using the funds elsewhere. Interest can be simple or compound, depending on how it is calculated over time.
The fee charged to borrow money is called interest.
It's probably called something like an activity fee.
Interest.
interest
Principal is the amount of money you borrow. Interest is the fee charged by the lender (or bank) to use their money. The total amount of money you pay back is the principle + interest.
An upgrade fee is an amount of money that you are charged in order to increase the performance or value of something.
minimum check writing fee
minimum check-writing fee
minimum check-writing fee
interest
The term defined as a fee charged for the use of money is "interest." Interest is typically expressed as a percentage of the principal amount and can be applied to loans, credit, and savings. It compensates lenders for the risk of lending money and the opportunity cost of not using the funds elsewhere. Interest can be simple or compound, depending on how it is calculated over time.
If you use a charge card and you do not pay the money you owe (for example) they will make you pay an extra fee. If you do not have any money in your bank account and you buy something you will get charged a very large fee. Companies usually accept most cards but a charge card of course.