0
What else can I help you with?
What is it called when the money we pay for the privlege of borrowing money?
The money we pay for the privilege of borrowing money is called "interest." It is typically expressed as a percentage of the loan amount and is charged by lenders as a fee for the service of providing funds. Interest can vary based on factors such as creditworthiness and the type of loan.
What are the different types of annuties available?
There are two types of annuities. The first type is called deferred annuity, with that annuity your money is invested until you are ready to make withdrawals, for example - after retirement. The second type is called immediate annuity, with that annuity you receive money soon after your investment.
What is a paper note that promises to repay money in a certain lenght of time?
A paper note that a borrower promises to repay money in a certain length of time is called a promissory note. A bank loan is a type of promissory note. Individuals can also use this type of note when someone owes them money.
What are the main nondeposit financial institutions?
One type of financial institution that is nondeposit is insurance companies. Another example is the stock market which facilitates the movement of money.
What type of Money does Austria use?
it uses therapies money
What is Mozambique main type of money called?
Gogla
What is the main type of money called in Brazil?
Real R$
What is the money in Jamaica called?
The Jamaica dollar is the main unit and is broken into 100 cents
What type of transportation would you use to go from Grenada to carriacou?
From grenada you would use a boat to go to Carriacou, which is an island 20 miles north of Grenada.
What is the main type of money in Spain?
The only type of currency in Spain is the Euro.
What is the type of money used by a country called?
The type of money used by a country is its legal currency.
What is type of money is used in Bolivia?
The main currency is the Boliviano
What is haiti's type of money?
it is called goude
What type of money did Assyrians have?
it is called sex!!
What type of government does Grenada have?
parliamentary democracy and a Commonwealth realm 2010
What type government does Grenada have?
parliamentary democracy and a Commonwealth realm 2010
What is the kind of money used by a group or nation is called?
The type of money a country uses is called their currency.
