Chemistry, 01.12.2020 19:30 hallynwright9722
Say you are considering two loans. Loan F has a nominal interest rate of 5.66%, compounded monthly. Loan G has a
rate of 6.02%, compounded semiannually. Which loan will give the lower effective interest rate, and how much lower will it
be?
a Loan G's effective rate will be 0.091 percentage points lower than Loan F's.
b. Loan G's effective rate will be 0.058 percentage points lower than Loan F's.
C. Loan F's effective rate will be 0.302 percentage points lower than Loan G's.
d. Loan F's effective rate will be 0.149 percentage points lower than Loan G's.
Please select the best answer from the choices provided
СА
B
Answers: 1
Another question on Chemistry
Chemistry, 22.06.2019 02:30
Select each correct answer. more than one answer may be correct. which of the following is a characteristic of unicellular organisms? they can possess tissues and organs. all of their functions are performed by a single cell. they are usually microscopic. each of their cells is specialized to perform a specific function.
Answers: 1
Chemistry, 22.06.2019 04:00
What layer of the atmosphere is directly above the troposphere?
Answers: 1
Chemistry, 22.06.2019 05:30
Describe the interaction that occurs between two objects with the same electrical charge.
Answers: 1
Chemistry, 22.06.2019 12:30
Avariable that is not being directly tested during an experiment should be
Answers: 1
You know the right answer?
Say you are considering two loans. Loan F has a nominal interest rate of 5.66%, compounded monthly....
Questions
Mathematics, 25.02.2021 19:50
Biology, 25.02.2021 19:50
Mathematics, 25.02.2021 19:50
Mathematics, 25.02.2021 19:50
Mathematics, 25.02.2021 19:50
Mathematics, 25.02.2021 19:50
Chemistry, 25.02.2021 19:50
