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Inga [223]
1 year ago
14

A hypothetical interest rate whose only function is to compensate lenders for the opportunities they forgo by not having access

to the loaned funds is called the ______.
Business
1 answer:
aev [14]1 year ago
6 0

An interest rate that is hypothetical and has the singular function of showing the returns that lenders forego when they don't have access to the loaned funds is pure rate of interest.

<h3>What is the pure rate of interest?</h3><h3 />

The pure interest rate is a rate that is found in perfectly competitive markets and relates to foregone profit.

This rate might be hypothetical but it functions to show how much returns those who loan money would gain if they had access to the money they loaned to a loanee.

This rate is impractical however because it assumes a world where there is no risk which is simply not possible.

In conclusion, this is the pure rate of interest.

Find out more on the pure rate of interest at brainly.com/question/20630240

#SPJ1

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Tom operates an illegal drug-running operation and incurred the following expenses:Salaries $ 75,000Illegal kickbacks 20,000Brib
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Answer:

Correct option is B

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8 0
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The _____ is a more specific goal that unifies company-wide efforts, stretches and challenges the organization, and possesses a
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The correct answer is strategic objective.

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5 0
3 years ago
Which of the following statements regarding a 20-year (240-month) $225,000, fixed-rate mortgage is CORRECT? (Ignore taxes and tr
ira [324]

Answer:

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Explanation:

a. The outstanding balance declines at a slower rate in the later years of the loan's life

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FALSE to know this we need to know the rate

d. Interest payments on the mortgage will increase steadily over time, but the total amount of each payment will remain constant

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5 0
3 years ago
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