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Question 10 of 10

What is an advantage of taking out a long term loan instead of a short-term
loan?
A Along term loan usually requires no credit check
B. A long term loan usually requires a low debt-to-Income ratio
G. A long term loan usually has a lower total cost
D A long term loan usually has a lower interest rate

asked
User Yoko
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2 Answers

14 votes

Answer:

D. A long term loan usually has a lower interest rate

answered
User Parliament
by
8.2k points
1 vote

Answer:

D

Step-by-step explanation:

its the case most of thr time.

answered
User RenatoUtsch
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