32.9k views
5 votes
Which statement best compares these two loans? The annual percentage rate for loan A is higher than the rate for loan B. The interest for loans A and B will cost the borrower the same amount over time. The interest is about half the principal for A and almost equal to the principal for B. The total payment for A is higher than for B, even though the principal is actually lower.

User Junwoo
by
8.1k points

2 Answers

5 votes

Answer:

100% c

Step-by-step explanation:

User Gilad Naor
by
8.4k points
5 votes

Answer:

C

Step-by-step explanation:

Just did it on Edge

User Rob Darwin
by
7.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories