Interest is A) the fee that a bank or other institution pays you for

QUESTION

Interest is

A) the fee that a bank or other institution pays you for the use of your money.
B) the fee that you pay a bank in order to use a personal or business checking account.
C) the money you set aside in a savings account every time you get paid.
D) the money taken out of your paycheck to pay taxes.

ANSWER

A