Question

Which type of borrowing option would most likely result in the borrower

paying the highest amount of interest?
A. A card with a high compound interest rate
OB. A card with a low simple interest rate
ООО O
C. A card with a low compound interest rate
D. A card with a high simple interest rate

Answer 1

A. A card with a high compound interest rate

Step-by-step explanation:

it is most likely to result in the borrower