Question: Page 1: 1 W 4 7 -- 2 5 8 10 -- Page 2: 3 6 17 Page 3: 19 20 9 -- 11 12

Page 1: 1 W 4 7 -- 2 5 8 10 -- Page 2: 3 6 17 Page 3: 19 20 9 -- 11 12 13 14 15 16 18 . 21 Question 1 (1 point) Listen A revolver is a type of demand loan which allows Lower interest compared to other loans No interest payments until maturity The borrower to borrow and repay money at their discretion Has an annual limit of six repayments (by the borrower) [my represents the annually compounded rate that will give the same Question 2 (1 point) Saved 40Listen The result as any Periodic rate; nominal rate Nominal rate; periodic interest rate Annual effective rate; nominal rate Compound frequency, compound period
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