PLEASE HELP
Assuming all other factors are the same, which statement about the cost of
loans...
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Business, 08.12.2021 17:50 Roselyn0131
PLEASE HELP
Assuming all other factors are the same, which statement about the cost of
loans is correct?
A. A loan with simple interest will cost more than a loan with
compound interest.
B. A loan with simple interest and a loan with compound interest will
cost the same.
C. Interest compounded daily will cost more than interest
compounded monthly.
D. Interest compounded annually will cost more than interest
compounded quarterly.
SUBMIT
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