Multiple Choice
You are borrowing $5,000 at a 9% interest rate. The total finance cost will be the highest in a:
A) 24-month repayment plan.
B) 36-month repayment plan.
C) 12-month repayment plan.
D) 48-month repayment plan.
E) 3-month repayment plan.
Correct Answer:
Verified
Correct Answer:
Verified
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