Question

Question 9 of 10 What is one strategy that can help a person avoid spending too much money on interest when borrowing money? O A. Choosing a credit card with a low minimum monthly payment O B. Choosing a loan with a simple rather than compound interest rate O C. Choosing a credit card with a high minimum monthly payment O D. Choosing a loan with a compound rather than simple interest rate​

Answer 1

Hello There!!

Explanation:

The answer is B. Choosing a loan with a simple rather than compound interest rate.

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~Pinky~