Interest is
A) the price of money.
B) the rent on money.
C) time value of delayed consumption.
D) all of the above.

Name: Interest is A) the price of money. B) the rent on money. C) time value of delayed consumption. D) all of the above.
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Question

Quizplus · Accepted Answer

Interest can be considered as the price of borrowing money, the rent paid for using someone else's money, and a reflection of the time value of money, which compensates for delayed consumption.

Interest Is