Question 29 1 pts (TRUE or FALSE?) In a discount loan, the amount the borrower may use is lower than if the loan were a standard loan with interest paid annually at year's end. True False Question 30 1 pts Which of the following statement is correct? Stated interest rate is the interest rate advertised by the lender. A major problem with accounts receivable financing is valuing the inventory. Commercial paper consists of secured notes issued by the smallest corporations for periods up to 360 days. The credit term of 2/10,n30 means that if customers pay their bills within 2 days of the invoice date, they will receive a 10 percent discount; if not, the net amount of the bill is due within 30 days. All the answers are incorrect