Question

A loan with a shorter term length will have __________ monthly payments, and you will pay __________ in total interest. (1 point) Responses Higher, less Higher, less Higher, more Higher, more Lower, less Lower, less Lower, more
GPT 3.5
Higher, more

Related Questions

You'd also need to know the interest rate, the amount of the monthly payments, and how long you'll h... You are planning to borrow OMR 5,000. You can repay the loan in 40 monthly payments of OMR 147.50 ea... A loan with a shorter term length will have __________ monthly payments, and you will pay __________...