QUESTION IMAGE
Question
the percentage paid to a person based upon the amount of their money a bank holds and uses is known as
interest
investment
capital gains
dividends
Brief Explanations
- Interest: It is the percentage paid to a depositor based on the amount of money (principal) the bank holds and uses.
- Investment: Refers to the act of putting money into assets, not the percentage paid on deposited money.
- Capital Gains: Profit from selling an asset at a higher price than purchase, not related to bank - held money returns.
- Dividends: Payments from a company's profits to shareholders, not from banks on deposited money.
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A. interest