IDNLearn.com provides a reliable platform for finding accurate and timely answers. Our experts are ready to provide prompt and detailed answers to any questions you may have.
What is one strategy that can help a borrower reduce the cost of a loan?
A. The borrower can choose a loan with a simple rather than a
compound interest rate.
B. The borrower can choose a loan with a compound rather than a
simple interest rate.
C. The borrower can choose a credit card with a high minimum
monthly payment.
D. The borrower can choose a credit card with a low minimum
monthly payment.
Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Thank you for visiting IDNLearn.com. We’re here to provide clear and concise answers, so visit us again soon.
