![subject](/tpl/images/cats/ekonomika.png)
Southwestern Bank offers to lend you $50,000 at a nominal rate of 6.9%, compounded monthly. The loan (principal plus interest) must be repaid at the end of the year. Woodburn Bank also offers to lend you the $50,000, but it will charge an annual rate of 9.0%, with no interest due until the end of the year. How much higher or lower is the effective annual rate charged by Woodburn versus the rate charged by Southwestern?
a. 1.68%
b. 1.98%
c. 2.08%
d. 1.78%
e. 1.88%
![ansver](/tpl/images/cats/User.png)
Answers: 3
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 04:30
4. the condition requires that only one of the selected criteria be true for a record to be displayed.
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 12:20
In terms of precent, beer has more alcohol than whiskey true or false
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 14:40
You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?
Answers: 2
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 16:00
In microeconomics, the point at which supply and demand meet is called the blank price
Answers: 3
You know the right answer?
Southwestern Bank offers to lend you $50,000 at a nominal rate of 6.9%, compounded monthly. The loan...
Questions
![question](/tpl/images/cats/mat.png)
Mathematics, 31.08.2019 00:30
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/en.png)
English, 31.08.2019 00:30
![question](/tpl/images/cats/ap.png)
Advanced Placement (AP), 31.08.2019 00:30
![question](/tpl/images/cats/health.png)
Health, 31.08.2019 00:30
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 31.08.2019 00:30
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/istoriya.png)
History, 31.08.2019 00:30
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/himiya.png)
Chemistry, 31.08.2019 00:30
![question](/tpl/images/cats/en.png)
English, 31.08.2019 00:30
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/geografiya.png)
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/istoriya.png)
History, 31.08.2019 00:30
![question](/tpl/images/cats/health.png)
Health, 31.08.2019 00:30