The answer is D. An increased interest rate.
The bank will increase the interest rates on loans to get a return on their expenses.
If you multiply $299.70x 62- 14,000months you get = 4,581.4 so yeah
B is the answer.
Hope this helps.
Answer:
The percentage rate of return for these 298 dairies is 6%
Explanation:
The percentage rate of return is calculated by dividing the profits by total investment, so the given information in the question is,
profits = $18
investment = $300
percentage rate of return = 18/300 = 0.06 = 6%