Which statement best compares these two loans?
O The annual percentage rate for loan A is higher than
the rate for loan B.
O The interest for loans A and B will cost the borrower
the same amount over time.
The interest is about half the principal for A and
almost equal to the principal for B.
The total payment for A is higher than for B, even
though the principal is actually lower.
Answers: 3
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Which statement best compares these two loans?
O The annual percentage rate for loan A is higher th...
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