Research Use the Internet to check the current interest rates offered by (a) a local bank, (b)

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Research Use the Internet to check the current interest rates offered by

(a) a local bank,

(b) a credit union,

(c) an Internet bank, and

(d) a large financial services organization. Determine the rates for a checking account, a 12-month CD of $10,000, a money market account, a 30-year mortgage, and a 48-month auto loan. Prepare a table that compares the interest rates from all of the financial institutions.

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Business Principles And Management

ISBN: 9781111571726

12th Edition

Authors: James L. Burrow, Kenneth E. Everard, Brad Kleindl

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