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Financial AlgebraMathematics
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Question 14
14
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Multiple Choice
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Question 14 • Financial Algebra/Mathematics
How would the weighted average interest rate change if the interest rate for Option 1 Loan Part B increases to 5.0% ?
Answer
A
Increase to 4 point 4 percent
B
Increase to 4 point 1 percent
C
Decrease to 5 point 0 percent
D
Stay the same at 3 point 9 percent
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