Question
You decided to go and apply for a credit card at your localfinancial institution. The Prime rate currently announced was4.8%. You have an excellent credit
You decided to go and apply for a credit card at your localfinancial institution. The Prime rate currently announced was4.8%. You have an excellent credit history and FICO score.You were offered 18.99% interest rate for a rewards card. How is each interest rate,which you and other borrowers receive from a lender or creditcompany, determined or calculated by the creditors orinstitution?
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The Prime r ate is the inter est ra te that bank s c harge their most cred itworthy cus ...
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
