Which Kind of Loan Generally Has the Lowest Interest Rate

question 34

Multiple Choice

Which kind of loan generally has the lowest interest rate charged?

• A)Unsecured loan
• B)Secured loan
• C)Cash advance
• D)Vacation loan

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Definitions:

Uncompacted Clays

Clay material that has not been subjected to pressure, typically soft and easily deformed, often leading to stability issues in construction.

Porosity

The measure of empty spaces within rocks or soil, determining their ability to absorb and hold water or other fluids.

Permeability

The measure of how easily fluids can pass through a material's pore spaces or fractures.

Loosely Cemented Gravel

A type of sedimentary deposit composed of gravel particles that are held together by a weak cementing material.