The _____ is the interest rate commercial banks charge their best customers for short-term loans.
A) factor rate
B) over-the-counter rate
C) prime rate
D) credit rate
E) trade rate
Correct Answer:
Verified
Q22: Zainab borrows $20,000 from a bank to
Q23: Maria wants to start a restaurant of
Q24: If Linda Wilson borrows $20,000 to buy
Q25: Which of the following is money that
Q26: A finance company that buys other companies'
Q28: If a real estate developer borrows $100,000
Q29: The most widely used source of short-term
Q30: Which of the following is money owed
Q31: Plants,offices,and equipment are considered:
A)long-term assets.
B)marketable securities.
C)common stock.
D)short-term
Q32: Which of the following is true of
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