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You are given an opportunity to borrow from Bank A at an APR rate of 10.0% (compounded weekly). Alternatively, you can borrow from Bank B
You are given an opportunity to borrow from Bank A at an APR rate of 10.0% (compounded weekly). Alternatively, you can borrow from Bank B at an APR rate of 10.4% (compounded annually). Either way, you will be borrowing the same amount of money for the same length of time. Which rate is better for you and why
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Marketplace Lending Financial Analysis And The Future Of Credit Integration Profitability And Risk Management
Authors: Ioannis Akkizidis, Manuel Stagars
1st Edition
1119099161, 978-1119099161
