Examveda
Examveda

Price for debt is called

A. debt rate

B. investment return

C. discount rate

D. interest rate

Answer: Option D

Solution(By Examveda Team)

Price for debt is called interest rate. An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).

This Question Belongs to Commerce >> Financial Management

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