Card 13 / 15: What is the banking prime interest rate?
A)
The interest rate banks charge their corporate or private clients with the highest credit rating
B)
The interest rate banks charge their corporate or private clients with the lowest credit rating
C)
The interest rate they’re charged when the banks loan money to each other
D)
The interest rate that the Fed charges when it loans money to the banks
Answer:
A) The interest rate banks charge their corporate or private clients with the highest credit rating
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Yasser IbrahimFounder
Jobilize.com
U.A.E.
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