Business, 24.03.2020 21:06 enicole10

First National Bank (bank a) charges an APR of 13.1 percent compounded monthly on its business loans. First United Bank (bank b) charges an APR of 13.3 percent compounded semiannually. As a potential borrower, which bank would you go to for a new loan?

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First National Bank (bank a) charges an APR of 13.1 percent compounded monthly on its business loans...

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