Find average interest rates charged by commercial banks on


E1

Go to the Federal Reserve Website. Click on the consumer information tab, and research consumer credit in the various hyperlinks. Find average interest rates charged by commercial banks on new automobile loans, personal loans, and credit card plans.

A. Compare the average level of interest rates among the three types of loans

  • Automobile loans
  • Personal loans
  • Credit card plans

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Finance Basics: Find average interest rates charged by commercial banks on
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