Final answer:
The loans can be placed in the following order from lowest interest rate to highest: Mortgage, Personal loan, Credit card.
Step-by-step explanation:
The loans can be placed in the following order from lowest interest rate to highest:
Mortgage: A mortgage loan is used to purchase a house, and typically has a lower interest rate compared to other types of loans because it is secured by the property being purchased.
Personal loan: A personal loan is a loan that can be used for various purposes, such as debt consolidation or home improvements. The interest rate on a personal loan is usually higher than a mortgage but lower than a credit card.
Credit card: Credit card loans typically have the highest interest rates among these options. Credit card interest rates can vary, but they are generally higher than the rates for mortgages and personal loans.