20
QuizMultiple Select

Credit, Interest, and Debt

Question 20 • Fall 24 GSE Physical Science B IC

What affects how much a borrower must pay on a loan each month? Choose three correct answers.the amount of collateral the lender hasthe amount of money borrowedthe length of time given to repaythe value of the lender’s assetsthe interest rate of the loanthe number of loans the lender has made

Answer
A
the amount of collateral the lender has
B
the amount of money borrowed
C
the length of time given to repay
D
the value of the lender’s assets
E
the interest rate of the loan
F
the number of loans the lender has made
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