Question

The specifics of a loan, such as interest rate, payment structure, and duration, can differ significantly from one to another. Which of these loans is likely to have the lowest interest rate?
payday loan (Choice B) mortgage B mortgage (Choice C) credit card C credit card
GPT 3.5
The mortgage (Choice B) is likely to have the lowest interest rate compared to a payday loan (Choice A) and a credit card (Choice C).

Related Questions

The specifics of a loan, such as interest rate, payment structure, and duration, can differ signific... What is the definition of an amortization loan? a. a loan that has a set term, set interest rate, a...