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Simple Interest Quiz
3 Questions
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Simple Interest Quiz

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@IntegratedSardonyx

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Questions and Answers

What is the role of the person or institution that lends money?

  • Debtor
  • Borrower
  • Lender (correct)
  • Maker

    • What does the borrower get benefits for?

  • Saving money
  • Investing in profitable business (correct)
  • Borrowing money
  • Lending money

    • What is the person who borrows money for any purpose called?

  • Debtor (correct)
  • Maker
  • Investor
  • Lender

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