Answering Exams
Finance MCQs / Q&AMCQs / Q&A

An interest rate which is paid by money borrower and charged by lender is considered as_____________?

An interest rate which is paid by money borrower and charged by lender is considered as_____________?

A. Annual rate
B. Periodic rate (Correct)
C. Perpetuity rate of return
D. Annuity rate of return

 

Related posts:

  1. A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?
  2. A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit.
  3. At what rate of interest will be Rs 20000 becomes Rs 24200 after 2 years when interest is compounded annually?
  4. If borrowers and lenders agree on a nominal interest rate and inflation turns out to be less than they had expected ?
  5. If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is_______?
  6. State Bank of Pakistan (SBP) keeps interest rate unchanged at _________ for the year 2017-18 ?
  7. The difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is:___________?
  8. The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
  9. The interest rate ?
  10. The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.
Comments
Loading...
Share