What interest rate is the bank required by law to report to
Vandermark Credit Corp. wants to earn an effective annual return on its consumer loans of 14.25 percent per year. The bank uses daily compounding on its loans.
What interest rate is the bank required by law to report to potential borrowers?
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the company has 60000 bonds with a 30-year life outstanding with 15 years until maturity the bonds carry a 10 percent
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vandermark credit corp wants to earn an effective annual return on its consumer loans of 1425 percent per year the bank
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