Question

The amount of time between interest payments is known as:

A. Interest
B. Principal
C. Period
D. Simple interest

Answer 1

The amount of time between interest payments is known as: C. Period

Answer 2

I believe the correct answer from the choices listed above is option C. The amount of time between interest payments is known as period. In economics, period is the term used to refer a certain span of time. Hope this answers the question. Have a nice day.