When Compared to a Lower APR, the Table Value for a Higher

question 12

Multiple Choice

When compared to a lower APR, the table value for a higher APR:

• A) is found by moving down the column for the lower APR
• B) will always have a higher factor when comparing the same number of payments
• C) is exactly the same, when comparing other fees and charges
• D) is a more accurate representation of current interest rates

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