Which statement best compares these two loans? The annual percentage rate for loan A is higher than the rate for loan B. The interest for loans A and B will cost the borrower the same amount over time. The interest is about half the principal for A and almost equal to the principal for B. The total payment for A is higher than for B, even though the principal is actually lower.
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Which statement best compares these two loans? The annual percentage rate for loan A is higher than...
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