asked 44.1k views
2 votes
One financial institution is offering a 6% interest rate on home mortgages while another institution is offering a 4% interest rate on home mortgages. Out of the two financial institutions, which offer would the bank probably be offering? 6% interest rate 4% interest rate

asked
User Yakatz
by
9.0k points

2 Answers

3 votes

Answer:

The six percent.

Step-by-step explanation:

because they will make more money from customers who take the offer

answered
User Naveen Vignesh
by
8.5k points
2 votes

Answer:

The six percent.

Step-by-step explanation:

because they will make more money from customers who take the offer

hope this helps u

answered
User Jonathan Livni
by
7.9k points
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