Which of these statements is true?(1 point) Responses There is no reason to pay off a loan early. There is no reason to pay off a loan early. The more you owe, the higher your interest payment will be. The more you owe, the higher your interest payment will be. When shopping for a loan, you need to compare only APRs. When shopping for a loan, you need to compare only APRs. You can save money by making the smallest down payment the lender will allow.
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The more you owe, the higher your interest payment will be.
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