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You plan to borrow $50,000 and want to minimize your required payments. Which of the following options will result in the lowest monthly payment? 8.

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You plan to borrow $50,000 and want to minimize your required payments. Which of the following options will result in the lowest monthly payment? 8. A) A lower interest rate B) A shorter repayment period C) Both (A) and (B) D) Neither a shorter repayment period or a lower interest rate will lower the payment

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