Question
which of the following is true of interest
a. it is expressed as the APR of a loan
b. it is a percentage of the total cost of the loan
c. it is a percentage of the amount of the principal you have yet paid back
d. it is calculated only once, when you first take out the loan
a. it is expressed as the APR of a loan
b. it is a percentage of the total cost of the loan
c. it is a percentage of the amount of the principal you have yet paid back
d. it is calculated only once, when you first take out the loan
Answers
GPT 3.5
a. it is expressed as the APR of a loan
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