0
Prime rate really means the lowest rate that commercial banks charge when lending money to the most credit worthy business users. They will tend to be large corporations who will present very little risk as far as the lending banks are concerned. The prime rate will also determine other lending rates set by the bank for mortgages and other loans.
What else can I help you with?
What is the prime danger zone?
Definition? The temperature where hazardous bacteria is likely to multiply at the fastest rate: 98.6°.
What is the definition of Prime Lending Rate?
Prime Rate or Prime Lending Rate is a term applied in countries to reference an interest rate used by banks. In the past, the term indicated the rate of interest at which banks lent to favored agents (those with good credit), however, this is not always the case. Many interest rates are expressed as a percentage above or below Prime Lending Rate.
Where can the libor rate history be found?
Fed prime rate has libor rate history and all information involved with libor rates. This includes history, definition and rates. It shows the history from September 1989.
What square numbers are there before 100 which are prime numbers?
A square number, by definition, cannot be a prime so the answer is there are no such numbers.A square number, by definition, cannot be a prime so the answer is there are no such numbers.A square number, by definition, cannot be a prime so the answer is there are no such numbers.A square number, by definition, cannot be a prime so the answer is there are no such numbers.
What is the twin prime of 107?
What is a prime definition
Can prime numbers be prime?
Yes, by definition.
Why is 67 a prime number?
Look at the definition of a prime number. A prime number has no factors, other than 1, or itself.Look at the definition of a prime number. A prime number has no factors, other than 1, or itself.Look at the definition of a prime number. A prime number has no factors, other than 1, or itself.Look at the definition of a prime number. A prime number has no factors, other than 1, or itself.
Where can one find out what the prime rate is on any given day?
One can find out what the prime rate is on any given day by going to the Fed Prime Rate website. The website has up to date information on what the prime rate is.
Why is 1 not considered as a prime number?
1 was considered as a prime but now the definition changed. Now the definition was that a prime is divisible only by 1 and itself
Are all prime numbers really prime?
Yes, by definition.
Is 49.5 prime?
No. By definition prime number has to be a positive integer.
Where can I find what the prime rate is?
You can find what the prime rate is by talking to experts. You could also find out what the prime rate is by talking to friends and family to see if they know anything.
