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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 intere…

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 intere…
asked 12.2k views
25 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

asked
User Roger Steinberg
by
8.6k points

2 Answers

8 votes

Answer:

the nominal interest rate

Step-by-step explanation:

answered
User Darkmouse
by
9.0k points
7 votes

Answer:

It’s A the nominal interest rate

Step-by-step explanation:

answered
User Mike De Marco
by
7.9k points
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