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Patricia Newton is going to buy a new car, and she needs to apply for a loan to cover the purchase. She knows she can get a loan for up to 6 years, but she would prefer a shorter-term loan. She selects a 4-year loan. Patricia reducing her lender's risk by:

2 Answers

6 votes
The answer would be 33%
User Tim Reddy
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3 votes

Answer:

33%

Step-by-step explanation:

User Thybzi
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