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Pachacha [2.7K]
3 years ago
11

Refusing credit is unique bad-news message because The Fair Credit Reporting and Equal Credit Opportunity Acts require businesse

s to:
a. send a notice that they are declining the customer credit.
b. include the customer's credit score in the message denying credit
c. conduct a credit check on all loan applicants before denying credit.
Business
1 answer:
-Dominant- [34]3 years ago
4 0
C I sure it is correct
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$2000 (Debit)

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The formula that can be used to find interest rate is Interest rate = (In 2) / 6.

<h3>What is the formula that can be used to determine the interest rate?</h3>

When a bank account is growing with continuous compounding, it means that both the interest accrued and the amount deposited increases continually over a specified period of time.

When the investment doubles, it means that if the future value of the investment is divided by the present value of the investment, the value would be two.

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To learn more about continuous compounding, please check: brainly.com/question/26476328

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