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2. You plan on borrowing $1 million from your bank for repayment over 5 years. Which of the following would make the loan payments more

2. You plan on borrowing $1 million from your bank for repayment over 5 years. Which of the following would make the loan payments more manageable?

A) Reducing the loan repayment time from 5 years to 3 years.

B) Increasing the loan repayment time from 5 years to 7 years.

C) Including the bank loan processing charges in the amount being borrowed.

D) None of the options make a difference.

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