Terminology used to describe samples and sampling methods Sample = the selected elements (people or objects) chosen for participation in a study; people are referred to as subjects or participants Sampling = the process of selecting a group of people, events, behaviors, or other elements with which to conduct a study
Prime Rate Information. PDFPrint. The current Bank of America, N.A. prime rate is 3.50%. The prime rate is set by Bank of America based on various factors, including the bank's costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans.
For example, a loanâs interest rate may be quoted at â157 basis points over 1-year Liborâ, which equates to 1.57 percent plus the current 1-year Libor rate. The 1-year U.S. dollar Libor rate is currently 0.535 percent, so the loan in this example would have an interest rate of 2.105 percent.