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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:
A. 13%
B. 12.07%
C. 12.2%
D. 12.00%
Answer: C

NEW QUESTION: 2
Which IPv6 routing protocol uses multicast group FF02::9 to send updates?
A. RIPng
B. static
C. IS-IS for IPv6
D. OSPFv3
Answer: A

NEW QUESTION: 3
Using IBM Case Manager Administration Client, solution Sol1 is removed from a non-default project area. What happens to the solution?
A. The solution is moved to default project area, dev_env_connection_definition
B. The solution is renamed as Hidden_Sol1.
C. The solution is deleted.
D. The solution cannot be removed from a project area.
Answer: A