Q 1: The agreement between lender and borrower about interest to be calculated is called _______. Rate of Interest Principal Profit Interest

Q 2: Find interest on $75 for 9 months at the rate of 2 cents per month per dollar. $15.30 $14.40 $13.50 $12.75

Q 3: The amount of money one borrow for his needs (or) one lends to others is called _______. Amount Principal Rate Interest

Q 4: The extra money that is repaid to the lender in addition to the money borrowed is called _____. Interest Extra Principal Amount

Q 5: Interest is ________ proportional to the principal, rate of interest and time period. directly inversely not

Q 6: Amount = Principal + _____ Principal Interest Rate Loss

Q 7: The interest per $100 per year is called ____. Rate of Interest Profit Principal Amount

Q 8: A=P+_?_ T R L I

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Question 10: This question is available to subscribers only!

