kortetsosie7822 kortetsosie7822
  • 20-03-2024
  • Business
contestada

What is the effective interest rate for a loan with a 16 percent rate of interest but carrying a 20 percent compensating balance requirement, where interest is paid at year-end?

a) 16%
b) 20%
c) 24%
d) 25%

Respuesta :

Otras preguntas

State the domain of the following relation and state if it is a function. (3, 2), (4, 1), (4, 5), (5, 1) A.{3, 4, 5}; Yes B.{1, 2, 5}; Yes C.{3, 4, 5}; No D.{1,
In your own words, explain why you think that geologists find relative dating useful.
A pyramid has a volume of 180 cubic inches, a length of 9 inches, and a width of 5 inches.
loyalty leads the women to tragedy in othello. discuss this statement with particular reference to the women in othello
Does anyone have any tips for getting better at spanish?
What is the answer to 103, explain please
When electrons are transfered to a more electronegative molecule, what happens?
Which type of organism is this tobacco plant
What two conditions must be true for a group of animals to be considered the same species?
Tiya used a probability simulator to roll a 12-sided number cube 100 times. Her results are shown in the table below: Number on the Cube Number of Times Rolled