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An interest rate which is paid by money borrower and charged...

This question belongs to Commerce Financial Management
Financial Management
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An interest rate which is paid by money borrower and charged by lender is considered as

Answer & Solution
Correct Answer: Option B
An interest rate which is paid by money borrower and charged by lender is considered as periodic rate. A periodic interest rate can be charged on a loan or realized on an investment over a specific period of time.
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