Question

which is typically true regarding loan repayments A. The higher interest rate you receive the lower the total repayment. B. The quicker you pay off the loan to lower the total repayment. C. The quicker you pay off the loan the higher the total repayment. D. The time you take to pay off the loan does not affect the total amount of repayment.

Answer 1

B

Explanation:

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Answer 2

B

the quicker you pay off the loan, the lower the total repayment.

Explanation: