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The main reason for charging interest is to?
Classroom
Economics Classroom
Jamb
Jamb 1987
Factors Of Production And Their Theories
Determination Of Wages, Interest, And Profits Of Factors Of Production
More Topics
The main reason for charging interest is to?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Reward enterpreneurial effort
B
Redistribute profits
C
Reward investors for present use of profits
D
Mobilize more funds for development
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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Study Subjects
Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
Agricultural Science
Arabic
Auto Mechanics
Basic Electronics
Biology
Bookkeeping
Block laying, bricklaying, and concreting work
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