newjersey7200 newjersey7200
  • 03-05-2018
  • Business
contestada

The rate of interest banks charge on short-term loans to their best customers is the _____.

Respuesta :

Darvinos Darvinos
  • 12-05-2018

The rate of interest banks charge on short-term loans to their best customers is called the prime rate. This is given to customers who have good credit record. It serves as the basis of the lending rates that will be given to other customers. Usually, prime rates are feasible to large corporations and not with sole borrower.

Answer Link

Otras preguntas

Define normal distribution.
¿Consideras que los alzados en armas son los únicos responsables de la violencia que ha padecido un país a través del tiempo, o crees que hay otros? ¿Por qué?
[tex]\lim_{n \to \0}(x/(tan⁡(x))^(cot⁡(x)^2 )[/tex]
should people eat animals?
Which of the following represents the sum of (x2 - 7x + 6) + (x2 + 6x) Ox? - x + 6 2x2 - 7x + 12 1 2x² - x + 6 x2 - 7x + 12
Luz made a semicircular pendant with a radius of 8 centimeters to use on a key chain. She attached a wire around the edge of the pendant. What is the approximat
What expression is this equivalent to -4x^2 + 2x - 5(1 + x)
1. Mary has decided to study abroad next month. => Mary is...
What season comes before spring
A patient who is prescribed a dose inhaler will find that it must be filled with a) medicine in powder form only. Works with lower (not upper) respiratory disea