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rolpace88 rolpace88
wrote...
Posts: 3242
8 years ago
The lowest rate of interest charged by banks for short-term loans to their most creditworthy customers is known as the:
A) all of these are appropriate references
B) reference rate
C) base lending rate
D) prime interest rate
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
Read 217 times
3 Replies
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Answer verified by a subject expert
MillionMillion
wrote...
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Posts: 3708
8 years ago
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rolpace88 Author
wrote...
8 years ago
Not sure why I found this tricky. Now that I know the answer, it's almost self-explanatory.
wrote...
8 years ago
Great, please mark the topic solved!
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