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Simple Interest Quiz

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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

Simple Interest Quiz

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Podcast

Questions and Answers

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

What does the borrower get benefits for?

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

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