Mathematics, 30.12.2021 02:00 saysay92

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 Gâ€™s effective rate will be 0. 091 percentage points lower than Loan Fâ€™s. B. Loan Gâ€™s effective rate will be 0. 058 percentage points lower than Loan Fâ€™s. C. Loan Fâ€™s effective rate will be 0. 302 percentage points lower than Loan Gâ€™s. D. Loan Fâ€™s effective rate will be 0. 149 percentage points lower than Loan Gâ€™s.

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not enough information

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we cannot know this, because the other students could have handed out 10 flyers, or they could have handed out 100. one way, the mean would go up, and another way, the mean would go down.

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