Ask Question
21 September, 15:57

The prime interest rate is offered by banks to customers with the largest accounts and with very high credit ratings.

A) True

B) False

+3
Answers (1)
  1. 21 September, 17:26
    0
    A) True

    Explanation:

    The prime interest rate is that rate which interprets the creditworthiness of the customer that means which have the highest credit rating, the bank or financial institution gives the prime rate to the customers who maintain the largest accounts with the bank or financial institution.

    The prime interest rate depends on loans like a business, personal loans, etc
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The prime interest rate is offered by banks to customers with the largest accounts and with very high credit ratings. A) True B) False ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers