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24 votes
24 votes
What is one strategy that can help a borrower reduce the cost of a loan?

A. The borrower can choose a credit card with a high minimum
monthly payment.
B. The borrower can choose a loan with a compound rather than a
simple interest rate.
C. The borrower can choose a credit card with a low minimum
monthly payment.
D. The borrower can choose a loan with a simple rather than a
compound interest rate.

User Tim Kane
by
2.6k points

1 Answer

16 votes
16 votes
i think the answer is D , im not so sure
User Domenico Sibilio
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2.5k points