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the amount of money borrowed from a bank for purchasing a property is c…

Question

the amount of money borrowed from a bank for purchasing a property is called a

the percentage of the property price paid upfront by the buyer is known as the

a card allows individuals to borrow funds within a
pre - approved limit for purchases.

the cost associated with borrowing money, usually calculated as a percentage of
the principal, is called

the market is a collection of markets where stocks
are traded.

Explanation:

Brief Explanations
  • For the first blank: A mortgage is a loan taken from a bank for property purchase.
  • For the second blank: The down - payment is the upfront amount paid by the buyer as a percentage of the property price.
  • For the third blank: A credit card allows borrowing within a pre - approved limit for purchases.
  • For the fourth blank: Interest is the cost of borrowing money, calculated as a percentage of the principal.
  • For the fifth blank: The stock market is where stocks are traded.

Answer:

mortgage, down - payment, credit, interest, stock