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Hal charges Jim to operate his business within the office building he owns. Identify Hal's source of income

Sagot :

Hal charges Jim to operate his business within the office building he owns.  Hal's source of income is interest.

What is interest?

Interest is a reward paid to an individual who have invested by lending certain amount of money. It is usually paid based on the amount of money borrowed by an individual. Interest is paid on the total amount investment in lending

An individual can sit in the comfort of his house and get paid interest by borrowers or company invested too.

Therefore, Hal charges Jim to operate his business within the office building he owns.  Hal's source of income is interest.

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