The rate used to determine the amount of interest that a borrower pays on an unsecured note and the investor receives on the unsecured note is known as the: Group of answer choices contract interest rate. discounted rate. market rate. present value rate.

The discount rate is the interest rate at which:  A. Commercial banks lend to the central bank  B. The central bank borrows from commercial banks  C. The central bank borrows from the government  D. The government borrows from commercial banks

The interest rate that lenders publish or advertise is usually:A.the simple interest rate.B.the nominal interest rate.C.the compound interest rate.D.the lowest interest rate.SUBMITarrow_backPREVIOUS

In compound interest, what does 'rate' refer to?*The percentage of the principal amount charged as interestThe duration for which interest is calculatedThe principal amount itselfThe total amount after interest

The amount of money charged to borrow money, expressed as a percentage, is called the _____.A.loan termB.collateralC.principalD.interest rate

The discount rate that makes the present value of a bond's payments equal to its price is termed the