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The interest rate will be higher,

lindseyw

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11 months ago

The interest rate will be higher,

▸

the longer the term of the loan.

▸

the less risk associated with the loan.

▸

the lower the processing costs of the loan.

▸

the lower the administrative costs of the loan.

▸

none of the above

Textbook

Economics

Edition: 12^th

Author: Arnold

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bijin05

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11 months ago

More solutions for this book are available here

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lindseyw Author

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11 months ago

this is exactly what I needed

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Thanks for your help!!

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This site is awesome

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