Bank Branch Manager Question:
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Do you know what is (APR) Annual Percentage Rate?

Answer:

APR stands for Annual Percentage Rate, and it is a charge or interest that the bank imposes on their customers for using their services like loans, credit cards, mortgage loan etc. The interest rate or fees imposed is calculated annually.

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Explain me what is Cost Of Funds Index (COFI)?Explain what do you mean by co-maker?