The price paid for money is

A) the amount borrowed from the lender.
B) the actual payment made by the borrower to the lender.
C) the principal and interest rate charged by the lender.
D) the interest rate charged by the lender.
E) There is no price paid for money as it is not for sale.


D

Business

You might also like to view...

Which of the following measures is used to assess the responsiveness of consumers to advertising expenditures, calculated by dividing the percent change in sales by the percent change in advertising expenses?

A) net sales expenditure B) gross advertising index C) advertising elasticity D) advertising return on investment E) push rating

Business

XL Data Analyst and Excel allow you to prepare pie charts

Indicate whether the statement is true or false

Business

State securities laws are often referred to as ________ laws

A) blue sky B) dark water C) open prairie D) barbed wire

Business

Which of the following specifies the portfolio of new products that a company will try to develop?

A) Competitive strategy B) Product development strategy C) Marketing and sales strategy D) Supply chain strategy

Business