Which interest rate does not typically move with the bank rate?

A) the rate on loans negotiated by credit unions B) the rate on credit cards C) the rate on mortgages D) the rate on personal credit lines E) the rate on loans secured by financial assets

5) One of the trade offs you should consider when you choose your financing is

A) fixed vs. variable interest rate B) term vs. payment frequency C) commercial banks vs credit unions D) credit card vs. mortgage E) Bankruptcy vs. consumer proposal

Which of the following would NOT affect the Effective Annual interest Rate (EAR) charged on a loan?

A) the quoted annual percentage rate B) the frequency of compounding C) other service charges D) whether or not interest is charged on a discount basis E) whether your loan is negotiated by a bank or a credit union