An Interest Rate Is the Price Paid by a ________

question 1

Multiple Choice

An interest rate is the price paid by a ________ to a ________ for the use of resources during some interval.

• A) borrower; debtor
• B) lender; creditor
• C) borrower; lender
• D) lender; borrower

---

Definitions:

Positive Charge

A type of electrical charge, typically carried by protons, that repels other positive charges and attracts negative charges.

Ionic Compounds

Compounds composed of ions held together by ionic bonds; typically formed when a metal reacts with a nonmetal or a polyatomic ion.

CH4

CH4, methane, is a simple alkane hydrocarbon with one carbon atom bonded to four hydrogen atoms, and is a major component of natural gas.

NH3

Ammonia, a colorless gas with a pungent smell, consisting of nitrogen and hydrogen (NH3).