Mathematics for FinanceMTP Dec 23Question 1389 of 422
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The amount charged for a defined length of time for uses of principal, generally on year basis is known as

Options

ABalance
BRate of Interest
CPrincipal
DInterest
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Correct Answer

Option bRate of Interest

All Options:

  • ABalance
  • BRate of Interest
  • CPrincipal
  • DInterest

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