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Other Fields Homework Help Business Topic started by: GoodMad_ on Dec 1, 2016



Title: On adjustable rate loans, the Annual Percentage Rate
Post by: GoodMad_ on Dec 1, 2016
On adjustable rate loans, the Annual Percentage Rate
A) takes into account the initial contract rate, and the highest possible contract rate given the terms of the loan.
B) takes into account the average expected contract rate over the duration of the loan.
C) is not published because future contract rates can not be known with certainty.
D) takes into account the initial contract rate on the loan, but not future contract rates.


Title: Re: On adjustable rate loans, the Annual Percentage Rate
Post by: imoyse on Dec 1, 2016
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Title: Re: On adjustable rate loans, the Annual Percentage Rate
Post by: GoodMad_ on Jan 12, 2017
I'll mark it solved, you deserve it