What are the characteristics of an annual percentage rate? Check all that apply:
-it can chang...
Social Studies, 30.05.2020 01:01 mia3128
What are the characteristics of an annual percentage rate? Check all that apply:
-it can change over time for certain kinds of loans
-it is the interest charged each year for a loan
-it requires the borrower to pay all the principal at once
-it can be reduced to reflect the borrowers credit history
-it has little impact on the amount the narrower must repay
Answers: 2
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