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The Longer the Term of a Loan, the __________ the Interest

Question 149

Multiple Choice

The longer the term of a loan, the __________ the interest rate charged for the loan; the more risk associated with a loan (from the lender's point of view) , the __________ the interest rate charged for the loan.


A) higher; lower
B) lower; higher
C) higher; higher
D) lower; lower

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