How Credit Works Answers

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The principal of loan A is .:$15,000
Which loan has a higher annual percentage rate?:loan B
What will be the total repayment for loan A, including interest?:$22,367.32
What will be the total repayment for loan B, including interest?:$19,857.02
4

$9,857.02$10,000.00✔ $19,857.02

A
$9,857.02
B
$10,000.00
C
$19,857.02
122664

secured loan✔ unsecured loan

A
secured loan
B
unsecured loan
122668

personal loan✔ mortgage loanunsecured loan

A
personal loan
B
mortgage loan
C
unsecured loan
122669

creditprincipal✔ collateral

A
credit
B
principal
C
✔ collateral
122670

assetrepayment✔ down payment

A
asset
B
repayment
C
✔ down payment
122671

✔ seize her homelower the interestask for a down payment

A
✔ seize her home
B
lower the interest
C
ask for a down payment
122674

$7,367.32$15,000.00✔ $22,367.32

A
$7,367.32
B
$15,000.00
C
$22,367.32

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