Online business school also offers interest free student loans to uk students
Mark the letter A, B, C or D to indicate the word(s) CLOSEST in meaning to the underlined word(s) in each of the following questions
Online business school also offers interest free student loans to uk students
A. no extra fee
B. no limited time
C. no repayment
D. no interest payments
The answer is D. no interest payments.
The word “interest” means the money that is paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt. So, interest-free means that no interest is charged on the loan.
The other options are not as close in meaning to “interest-free”:
A. no extra fee means that there are no additional fees associated with the loan.
B. no limited time means that there is no deadline for repaying the loan.
C. no repayment means that the loan does not need to be repaid.
