Question and answer
What is the prime rate? a. The prime rate is the best interest rate that banks offer their most creditworthy customers. b. The prime rate is the interest rate on a credit card, unadjusted for interval compounding. c. The prime rate is the number which indicates your credit history. d. The prime rate is the highest interest rate allowed by law.
The prime rate is the best interest rate that banks offer their most creditworthy customers.
Expert answered|Malekith22|Points 715|
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Asked 1/26/2018 8:29:57 AM
Updated 1/26/2018 10:23:00 AM
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This answer has been confirmed as correct and helpful.
Confirmed by Masamune [1/26/2018 10:23:00 AM]
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