Question: Hello, I'm currently having trouble solving this finance problem. Problem is below, and I thank you for your help and time! The rate rate of

Hello, I'm currently having trouble solving this finance problem. Problem is below, and I thank you for your help and time!

The rate rate of interest affects many types of investments. Although the overnight lending rate is .32% the economy adjusts its actual rates based on the market as well. the prime rate is around 3.5%. Some business loans are anywhere between 3% - 10% and mortgage rates now have an average of about 5%. Explain the differences between the overnight lending rate and prime rates? Compare the overnight and prime rate to what they were in December of 2021

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