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What Is The Prime Rate & How Does It Affect You?
5:52
YouTubeInvest with Wesley
What Is The Prime Rate & How Does It Affect You?
what is the prime rate? The prime rate is the interest rate that commercial banks charge their most creditworthy corporate customers. The federal funds overnight rate serves as the basis for the prime rate, and prime serves as the starting point for most other interest rates. the prime rate (prime) is the interest rate that commercial banks ...
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