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For a fixed loan amount, what happens to the monthly payment as the annual rate increases? a. as the annual rate increases, the monthly payment increases c. as the annual rate increases, the monthly payment stays the same b. as the annual rate increases, the monthly payment decreases d. no correlation Please select the best answer from the choices provided A B C D

1 Answer

6 votes

Answer:

C

Explanation:

looked up on Quizlet so yeah

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