Mathematics, 07.05.2021 01:00 JunkerQueen
Select the statement that is not true about the relationship between the interest rate, the principal, the loan repayment period, and the total cost of the loan.
The shorter the loan repayment period, the lower the total cost of the loan.
The lower the interest rate, the higher the total cost of the loan.
The longer the loan repayment period, the higher the total cost of the loan.
The higher the principal and higher the interest rate, the longer the loan repayment period.
Answers: 2
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Select the statement that is not true about the relationship between the interest rate, the principa...
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