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Money earned by a depositor at a bank is also called:
AInventory
BInterest
CIncrement
DInsurance
Answer & Solution
Correct answer: B. Interest
1. The depositor is in effect lending to the bank.
2. The bank pays for the use of that money.
3. What it pays is interest.
_Source: OpenStax, Contemporary Mathematics, Ch 6 'Money Management'_
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