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Which statement is true about used car loans and home loans? A. The rate of default on cars and homes is the same. B. The value of homes decreases faster. C. The interest rate o…

Which statement is true about used car loans and home loans? A. The rate of default on cars and homes is the same. B. The value of homes decreases faster. C. The interest rate o…
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Which statement is true about used car loans and home loans?

A. The rate of default on cars and homes is the same.
B. The value of homes decreases faster.
C. The interest rate on used cars is higher.
D. The length of a loan for a used car is usually longer.

asked
User Joaquinlpereyra
by
8.5k points

1 Answer

2 votes

Answer:

the right answer is D. the length of... is usually longer

answered
User RKumsher
by
7.7k points
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