Based on www.federalreserve.gov/releases and selecting the option G.20 Finance Companies; The most recent average interest rate, the term to maturity and the amount of the average new car loan offered by finance companies Which type of loan do finance companies make most often: consumer loans, real estate loans, or business loans? Which type of loan has grown most rapidly over the past five years? Context Introduction: The Federal Reserve statistics release elaborates the data of Finance Companies. They mainly project the interest rates over the past five years in various sectors such as consumer, real estate, and business. They show the statistics of billions of dollars of owned and managed receivables outstanding by these sectors. The growth in amount outstanding and interest rates in each of the sub-sectors like consumer and business motor vehicle loans/ leases, one-to-four real estate loans, retail loans etc. Also, the data shows the average of interest rate, maturity and amount financed by different finance companies on new and used cars over the last five years.

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Chapter 13, Problem 2WE

To determine

Based on www.federalreserve.gov/releases and selecting the option G.20 Finance Companies;

The most recent average interest rate, the term to maturity and the amount of the average new car loan offered by finance companies

Which type of loan do finance companies make most often: consumer loans, real estate loans, or business loans?

Which type of loan has grown most rapidly over the past five years?

Context Introduction:

The Federal Reserve statistics release elaborates the data of Finance Companies. They mainly project the interest rates over the past five years in various sectors such as consumer, real estate, and business. They show the statistics of billions of dollars of owned and managed receivables outstanding by these sectors. The growth in amount outstanding and interest rates in each of the sub-sectors like consumer and business motor vehicle loans/ leases, one-to-four real estate loans, retail loans etc. Also, the data shows the average of interest rate, maturity and amount financed by different finance companies on new and used cars over the last five years.

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