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Sir
Just a small question !! May sound silly.
The company has discovered the following rate agreements are currently available to it:
3 v 4 7.45-7.34
3 v 7 7.53-7.43
4 v 7 7.58-7.45Whats the v ???? What should we understand by this??
Thanks in advance3 v 4 means that the interest rates are for a loan starting in 4 months time and finishing in 4 months time.
3 v 7 means that they are for a loan starting in 3 months time and finishing in 7 months time
4 v 7 is for a loan starting in 4 months time and finishing in 7 months time
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