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Which of the following is a result of a lower interest rate? A higher cost of loan is possible. A longer term must be taken on the loan. A lower monthly payment is possible. A l…

Which of the following is a result of a lower interest rate? A higher cost of loan is possible. A longer term must be taken on the loan. A lower monthly payment is possible. A l…
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Which of the following is a result of a lower interest rate?

A higher cost of loan is possible.


A longer term must be taken on the loan.


A lower monthly payment is possible.


A lower amount may be borrowed.

User Sami Andoni
by
8.9k points

1 Answer

6 votes

Answer:

a

Step-by-step explanation:

becuase my dad does that

User Kayden Van Rijn
by
7.5k points
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