Business Studies, asked by bablu688, 1 year ago

what is prime rate?????????????? ​

Answers

Answered by acollins96
2

Hoi mate here's your answer

prime rate is the interest rate that commercial banks charge their most creditworthy customers. Generally, a bank's best customers consist of large corporations.

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Answered by ayaankhan01
3

✨Heya dear!✨

what is prime rate???

Ans:

The prime rate is a interest rate that commercial banks charge their most creditworthy customers.


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