Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Free Preparation Discussions
MENU
GFOA Exam CPFO Topic 6 Question 10 Discussion
Actual exam question for
GFOA's
Certified Public Finance Officer exam
Question #: 10
Topic #: 6
[All Certified Public Finance Officer Questions]
Topic #: 6
If the $20,000 is loaned at a stated interest rate of 10%with the requirement that an 18% minimum compensating balance be kept, the APR (annual percentage rate) is:
Suggested Answer:
C
Currently there are no comments in this discussion, be the first to comment!