Question

Kim is deciding between two loan offers. To make the BEST decision, Kim should A) research the beacon score of each loan. B) analyze each loan's debt-to-credit ratio. C) compare each loan's annual percentage rate. D) investigate the average prime rate of both loans.

Answer 1

C) compare each loan's annual percentage rate.

Step-by-step explanation:

Kim should compare each loan's annual percentage rate. Individuals have a beacon score and there is no debt-to-credit ration or average prime rate.

Answer 2

The answer is: C. compare each loan's annual percentage rate.

The loan's annual percentage rate determine the additional money that Kim has to pay to the lender on top of the money that she borrow, It would be more beneficial for Kim if she choose the type of loan offers that have lower annual percentage rate.