[Answer] Interest is:

Step 1 : Introduction to the question "Interest is:"

...A.) a charge for lending money to a bank B.) the amount owed for borrowing money* C.) the amount added into your savings when opening a bank account D.) a charge for the convenience of accessing money stored in your bank account - The amount owed is called the principal and the price of borrowing money is called interest.

Step 2 : Answer to the question "Interest is:"

the amount owed for borrowing money:

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Step 3 : Disclaimer & Terms of Use regarding the question "Interest is:"

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