Different banks:
A)may offer loans at different rates.
B)all offer loans at the same interest rate.
C)are mandated to follow the interest rate set by the Fed.
D)never offer loans at exactly the same rates.

Question

Quizplus · Accepted Answer

Different banks may offer loans at different rates due to their own policies, cost structures, and strategies for attracting customers. The interest rates on loans can vary significantly from one bank to another.

Different Banks