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Suppose That Interest Payments Are $280 Per Year on a $4,000

Question 136

Multiple Choice

Suppose that interest payments are $280 per year on a $4,000 loan and $274 per year on an $5,479 loan. The interest rates on the two loans are

A) decrease from G to F.
B) increase from E to F.
C) increase from B to C.
D) decrease from B to A.

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