Question

One advantage of a long-term loan compared to a short-term loan is that a

long-term loan:
O A. can be paid off in full without the borrower paying any interest.
B. allows a person to borrow more money at a lower interest rate.
C. does not force the borrower to make payments every month.
D. does not require the borrower to have a good credit score.
SUBA

Answer 1

A

Step-by-step explanation:

because of the short term maturity rate

Answer 2

B. allows a person to borrow more money at a lower interest rate.

Step-by-step explanation: