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Author Question: The effective interest rate on short-term loans from Bank A is 12.5 percent per year. Bank B claims ... (Read 271 times)

newbem

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on: May 1, 2019
The effective interest rate on short-term loans from Bank A is 12.5 percent per year. Bank B claims that their interest rate is only 11 percent per year. However, Bank B charges interest on a discount basis. Which bank is charging the lowest effective rate of interest on a one-year loan?
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Marked as best answer by newbem on May 1, 2019

kxciann

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Reply #1 on: May 1, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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newbem

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Reply #2 on: May 1, 2019
Excellent


kxciann

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Reply #3 on: May 1, 2019
Great! Please up vote :D


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