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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.
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