Financial Institutions and Banking

Question 4 • FL-2106020-M/J Civics Advanced B

What can affect the interest rate for a loan? Choose three correct answers.the time of the year the loan is taken outthe customer’s ability to repay the loanthe customer’s social media postswhat the loan is used foreconomic conditions

Answer

the time of the year the loan is taken out

the customer’s ability to repay the loan

the customer’s social media posts

what the loan is used for

economic conditions

Instruction

Warm-Up

Cumulative Exam