WebbThis refers to the amount paid or earned for the use of money. - 7502669. answered 5.) This refers to the amount paid or earned for the use of money. A Conversion period C. … Webb15 nov. 2011 · What is money paid for the use of money called? Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, …

The price paid for using money is called

Webbför 2 dagar sedan · At its most basic, a price is the amount of money that a buyer gives to a seller in exchange for a good or a service. When someone hands over $2.00 and receives … WebbMS Company uses job order costing to determine the product unit cost of one of its products based on the following costs incurred during March: liability insurance, manufacturing, $3,500; rent, sales office,$3,000; depreciation, manufacturing equipment, … raw thermocouple data

The price paid for the use of money is called: A)... - en.ya.guru

WebbThe functions of money. Money has three main functions: First, it is a medium of exchange. Second, it is a unit of account. And third, it acts as a store of value. Every element of society uses money as a medium of … WebbTony Teegarden Investor & Rainmaker: I add $100k+ a month in NEW high-ticket sales (without my clients lifting a finger) for Experts & Coaches and I don't get paid until YOU get paid. WebbMoney is anything that serves as a medium of exchange. A medium of exchange is anything that is widely accepted as a means of payment. In Romania under Communist … simple math first grade