Question

The _______ the APR, the _______ the true cost of credit. Group of answer choices lower;...

The _______ the APR, the _______ the true cost of credit. Group of answer choices

lower; lower.

lower; higher.

higher; lower.

None of these answer choices are correct.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

The APR and the cost of credit are directly related to each other.

So, the lower the APR, the lower is the true cost of credit.

(Vice versa is also true: the higher the APR, the higher is the true cost of credit)

Add a comment
Know the answer?
Add Answer to:
The _______ the APR, the _______ the true cost of credit. Group of answer choices lower;...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT