Which of the following would NOT be considered as an income?A.interest from savings accountB.the wage from workC.a child benefitD.interest on a loan
Question
Which of the following would NOT be considered as an income?A.interest from savings accountB.the wage from workC.a child benefitD.interest on a loan
Solution
D. Interest on a loan would NOT be considered as an income. This is because it is a payment you make to the bank for the privilege of using their money, not money that you earn.
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