With no inflation, a bank would be willing to lend a business firm $5 million at an annual interest rate of 4 percent. But if the rate of inflation was anticipated to be 3 percent, the bank would most likely charge the firm an annual interest rate of Multiple Choice 1 percent. 7 percent. 3 percent. 4 percent.

b.  7 percent

Explanation:

Annual interest to charge = Interest rate + Rate of inflation anticipation

Annual interest to charge = 4% + 3%

Annual interest to charge = 7%

The bank would most likely charge the firm an annual interest rate of 7% due to the anticipation of inflation.

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.

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