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The interest rate that lenders publish or advertise is usually: A. the nominal interest rate. B. the compound interest rate. C. the simple interest rate. ОО D. the lowest interest rate. Help me
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35 votes
35 votes
The interest rate that lenders publish or advertise is usually:

A. the nominal interest rate.
B. the compound interest rate.
C. the simple interest rate.
ОО
D. the lowest interest rate.
Help me

User Xiao Jia
by
2.7k points

2 Answers

17 votes
17 votes

Answer:

the nominal interest rate

Step-by-step explanation:

User MeetTitan
by
3.0k points
28 votes
28 votes

Answer:

It’s A the nominal interest rate

Step-by-step explanation:

User Eiz
by
2.9k points
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