For simple loans,the simple interest rate is ________ the yield to maturity.
A)greater than
B)less than
C)equal to
D)not comparable to

Name: For simple loans,the simple interest rate is ________ the yield to maturity. A)greater than B)less than C)equal to D)not comparable to
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Question

Quizplus · Accepted Answer

For simple loans, the simple interest rate is equal to the yield to maturity because both are calculated based on the original loan amount without compounding interest over time.

For Simple Loans,the Simple Interest Rate Is ________ the Yield