*/*_Rate charged by bank 12.5% on credit loans and 3% semi-annually on instalment loans is considered as?

*/*_Rate charged by bank 12.5% on credit loans and 3% semi-annually on

1.	/_Rate charged by bank 12.5% on credit loans and 3% semi-annually on instalment loans is considered as?
A.	periodic rate
B.	perpetuity rate of return
C.	annual rate
D.	annuity rate of return
Answer» B. perpetuity rate of return