Ask a New Question
Megan took out a loan for 1500.00. The bank is going to charge her a fee of2% of her loan amount as well as take out the interest upfront. The bank is offering her 15% APR for six months. Calculate the effective interest rate.
Similar Questions
1,500 personal loan, bank is going to charge a fee of 2% of loan amount as well as take out the interest upfront. The bank is
0 answers
Megan has $500 in short-term savings, $5,000 in her retirement savings account, $500 in credit card debt, and student loan debt
4 answers
Which of the following scenarios would be most likely to cause a small bank to be less willing to loan money to small businesses
1 answer
Which of the following is a way your bank can make money?
A Your bank can charge you a fee for using an ATM from another bank. B
1 answer
more similar questions
0 answers