Answers2027 Ignite Financial Literacy-Personal Finance - EL3403How Credit WorksQuestion 122672
122672
AssignmentMultiple Dropdowns

How Credit Works

Question 122672 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

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Answer
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

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