Question
10- The monthly payment for a loan is dependent only on the size of the loan and the interest rate. Select one: True False 16-
10-The monthly payment for a loan is dependent only on the size of the loan and the interest rate.
Select one:
True
False
16-Most students graduating from college or university today have an average debt of less than $1000.
Select one:
True
False
20-You could reduce the size of your monthly payments by
Select one:
a. lengthening the maturity.
b. borrowing the same amount of money but for a shorter period of time.
c. agreeing to a higher interest rate.
d. borrowing more money initially for the same period of time.
-Just the correct answers (Letters), without any explanation at all please, to put a like
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