Question

Interest rates are generally expressed as a(n)
of the loan.

The length of time before a loan must be repaid is called the
of the loan.

Loans that are considered to be high risk typically have a
interest rate.

Answer 1

Interest rates are generally expressed as a(n) percentage of the loan.

The length of time before a loan must be repaid is called the term of the loan.

Loans that are considered to be high risk typically have a higher interest rate.