The interest due by applying the rate to the sum of the capital invested plus the interest previously earned and reinvested is referred to as

Related MCQs

• A loan bearing either no rate of interest or an interest rate which is below the true cost of capital lent is known as:
• The capital that is not invested in fixed assets but the work in process is called:
• Surplus earned by a factor other than land in the short period of referred to as-
• Sums of money laid aside and normally invested to provide a regular income on retirement or in compensation for disablement for the remainder of a person’s life is called:
• The order written by the drawer to a commercial bank or central bank to pay on demand a particular sum to a bearer is referred to as
• Bank rate is the rate of interest -
• Bank rate is the rate of interest:
• Bank Rate refers to the interest rate at which -
• The sum total of incomes received for the services of labour, land or capital in a country is called
• Why is rent earned by land even in the long run?