What refers to the cost of borrowing money or the amount earned by a unit principal per unit time ?

Related Mcqs:

A uniform series of payment occurring at equal interval of time is called ____________________?

A. Annuity B. Amortization C. Depreciation D. Bond...

What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market ?

A. Perfect competition B. Oligopoly C. Oligopsony D. Monopoly...

Which of these gives the lowest effective rate of interest ?

A. 12.35 % compounded annually B. 11.90 % compounded annually C. 12.20 % compounded annually D. 11.60 % compounded annually...

Salvage value is sometimes known as _____________________?

A. Scrap value B. Going value C. Junk value D. Second-hand value...

As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ___________________?

A. Annuity B. Amortization C. Capital recovery D. Annuity factor...