asked 46.7k views
2 votes
An example of a loan that tends to have a lower interest rate is a(n) __________ loan.

a. home
b. unsecured
c. credit card
d. paycheck

2 Answers

3 votes

Answer:

home loan

Step-by-step explanation:

took the quiz

answered
User Ivan Akcheurov
by
8.6k points
4 votes
The answer is : A. Home loan

Home loan only have about 4 -5 % interest rate. Compared to other options :

- Credit Card Loan : about 15 % of interest rate
- Paycheck Loan : also about 15 % of interest rate
- Unsecured Loan : usually above 20 % interest rates


answered
User Tusc
by
8.3k points
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