What, exactly are prime rates

Anonymous

∙ 13y ago

Updated: 9/17/2019

Prime rates are the interest rates that are set out by the National Bank that are used to set the working interest rates for clients. This is the rate that is used when banks borrow money.

Wiki User

∙ 13y ago

What else can I help you with?

Is prime rates the same as interest rates?

Prime rates are the interest rates most banks charge their customers for loans while interest rates are the rates charged to borrow money and come in many forms.

what is the product of prime numbers for 376?

The product is exactly 376 since that is what the prime numbers for 376 are!The product is exactly 376 since that is what the prime numbers for 376 are!The product is exactly 376 since that is what the prime numbers for 376 are!The product is exactly 376 since that is what the prime numbers for 376 are!

Which websites carry details on prime lending rates?

You can find information on prime lending rates at www2.primelending.com.

What is meant with prime rates?

The idea of prime rate is what the thing goes for at the time . Here is a few sites for you to have a look at that can help you with this www.investopedia.com/terms/p/primerate.asp ,www.bankrate.com/rates/interest-rates/prime-rate.aspx

What are all the numbers less than 100 with exactly 3 factors that are prime?

By definition, a prime number has exactly two factors. So, there are no prime numbers with exactly three factors.

What exactly are mortage rates?

Mortgage rates are the rates to which you sell your house to a bank and the interest that is paid on it.

What is the smallest prime number that divides 300 exactly?

smallest prime number that divides 300 exactly = 2

What type of number has exactly two factors?

A prime number has exactly two factors: 1 and itself.

Do all prime numbers have exactly two factors?

That is correct -- all prime numbers have exactly two factors.

How is prime number defined?

A prime is a number with exactly two factors, itself and one. Note that 1 is neither prime nor composite, as it has exactly one factor, and that there is only one even prime, 2.

Is the number1 prime?

The number 1 is not a prime number. A prime number has exactly two factors, 1 and the number itself. 1 is the only number having exactly one factor.

What is a whole number when it has exactly 2 factors?

A prime number has exactly two factors: itself and 1.

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