As a lender, state which

  1. As the interest rate increases, the opportunity cost of money:A. Increases for both lender and borrower. B. Increases for the
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  2. A lender offers a choice between two loans. For loan A the lender charges 12% a year compounded 12 times a year. For loan B the
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  3. A lender offers a choice between two loans. For loan A the lender charges 12% a year compounded 12 times a year. For loan B the
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  4. If you don't pay back your student loans after college, the lender has the right to garnish your wages. That means that the
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  5. If you don't pay back your student loans after college, the lender has the right to garnish your wages. That means that the
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  6. A person or company that allows others to borrow money is called _____. (1 point) Responses a borrowee a borrowee a lender a
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  7. Describe mortgage protection life insurance.(1 point)Responses a contract between the lender and borrower which cancels all or
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  8. Describe mortgage protection life insurance.(1 point)Responses a contract between the lender and borrower which cancels all or
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  9. Describe mortgage protection life insurance.a contract between the lender and borrower which cancels all or part of a loan due
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  10. What key information does the interest rate on a loan provide?A. Information about the additional money you will have to pay
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