If someone owes you $100 right now, but they don't pay you for a year, you have lost the opportunity to collect _______________o

Question

LiRa [457]

3 years ago

6

If someone owes you $100 right now, but they don't pay you for a year, you have lost the opportunity to collect _______________o

n that money.

Business

1 answer:

denis-greek [22] · Answer 1 · 2022-09-04T19:11:31+03:00

denis-greek [22]3 years ago

4 0

Answer:

Interest

Explanation:

Opportunity cost of the money is the Interest that could have been earned on that money has the borrower saved it in the bank. Thus, the missing word here is Interest.