What is the prime rate?
a. the prime rate is the best interest rate that banks offer their mo...
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What is the prime rate?
a. the prime rate is the best interest rate that banks offer their most creditworthy customers.
b. the prime rate is the interest rate on a credit card, unadjusted for interval compounding.
c. the prime rate is the number which indicates your credit history.
d. the prime rate is the highest interest rate allowed by law.
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