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Given the points A = (2, 3, 1), B = (4, -1, 5), and O = (0, 0, 0), find the distance from O to the line through A and B.
Commitment Fee
A banking fee charged by lenders to secure a line of credit or a loan, often paid by borrowers to guarantee access to credit.
Prime Rate
The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark for other interest rates.
Effective Interest Rate
The real rate of interest earned or paid on a loan or investment, accounting for the effect of compounding over the period.
Compensating Balance
A minimum account balance that a borrower must maintain as a condition for borrowing from a lender or for obtaining favorable loan terms.
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