Question
You are looking at two loans for the same amount over the same length of time. Which is true about the loan with the lower APR?(1 point)
Responses
It will probably have a higher interest rate.
It will probably have a higher interest rate.
It will cost you less money overall.
It will cost you less money overall.
It will probably have higher monthly payments.
It will probably have higher monthly payments.
It will be paid off sooner.
Responses
It will probably have a higher interest rate.
It will probably have a higher interest rate.
It will cost you less money overall.
It will cost you less money overall.
It will probably have higher monthly payments.
It will probably have higher monthly payments.
It will be paid off sooner.
Answers
Answered by
GPT 3.5
It will cost you less money overall.