4
QuizMultiple Choice

Using Credit

Question 4 of 10 • SEPHS - BUS 240 - Personal Finance (Summer)

What is the prime rate?a.The prime rate is the best interest rate that banks offer their most creditworthy customers.b.The prime rate is the interest rate on a credit card, unadjusted for interval compounding.c.The prime rate is the number which indicates your credit history.d.The prime rate is the highest interest rate allowed by law.

Answer
A
A
B
B
C
C
D
D
Previous
Next