Nominal rate which is quoted to consumers on loans is considered as__________?

Finance Mcqs

Nominal rate which is quoted to consumers on loans is considered as__________?

(A)  Annual percentage rate

(B)  Annual rate of return

(C)  Loan rate of return

(D)  Local rate of return



Share this... Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Share on Whatsapp
Whatsapp

  • IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG.

  • PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION.

  • Related Mcqs


    Leave a Reply

    Your email address will not be published. Required fields are marked *