Question
Since a small company is hard to finance and earn money, a government used to implement various policy of Inclusive finance to support their operations.
Since a small company is hard to finance and earn money, a government used to implement various policy of Inclusive finance to support their operations. In order to support this policy, each bank provide special borrowing rate for small companies to finance. The borrowing rate is 3% annually compounding, 2.6% semiannually compounding, 2.8% quarterly compounding, 1.5% semiannual rate, 0.75% quarterly rate for Bank A, Bank B, Bank C, Bank D, and Bank E respectively. Which bank will support mostly the policy of Inclusive finance? A. Bank A B. Bank B C. Bank C D. Bank D E. Bank E
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