An interest rate which is paid by the money borrower and charged by lender is considered as Options: A . &nbspannual rate B . &nbspperiodic rate C . &nbspperpetuity rate of return D . &nbspannuity rate of return

An interest rate which is paid by the money borrower and charged by lender is co

Question

An interest rate which is paid by the money borrower and charged by lender is considered as

Options:

A . annual rate

B . periodic rate

C . perpetuity rate of return

D . annuity rate of return

Answer: Option B
Answer: (b).periodic rate

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