📒
The compensation paid by the borrower of fund to lender, from the borrower point of the cost of borrowing fund is called?
Interest Rate
BRequired rate of return
CNominal interest rate
DAll of the above
Correct Answer: A. Interest Rate
Related Questions
Accounting
The assets which have some market value are called ____________?
Accounting
Assets having physical existence are called ___________?
Accounting
When owner withdraw cash for its private use, it is called ___________?
Accounting
Building and furniture are called ____________?
Accounting
Which of the following is true about a trial balance?