WAEC - Commerce (2023 - No. 20)
The reward for capital is
rent
interest
profit
dividend
Magyarázat
The reward for capital is interest.
Interest: Interest is the reward or compensation paid to lenders or investors for the use of their capital. It is commonly associated with loans, bonds, or other debt instruments. Lenders or investors receive interest payments as a percentage of the principal amount lent or invested.
Interest: Interest is the reward or compensation paid to lenders or investors for the use of their capital. It is commonly associated with loans, bonds, or other debt instruments. Lenders or investors receive interest payments as a percentage of the principal amount lent or invested.