Business Law Deneme Sınavı Sorusu #989939
Which of the following is an "Interest as to its Calculation"?
|
compound interest |
|
capital interest |
|
interest for delay |
|
contactual interest |
|
statutory interest |
Yanıt Açıklaması:
Interest as to its Calculation Simple interest applies only for the capital and its is calculated for a certain period of time whereas compound interest is the interest calculated over the sum reached by the addition of a certain interest on the initial capital. The correct answer is A.
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