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Bond [772]
4 years ago
9

Kim is deciding between two loan offers. To make the BEST decision, Kim should

Social Studies
2 answers:
egoroff_w [7]4 years ago
7 0
<span>To determine which loan to choose, Kim should compare each loans annual percentage rate (APR), the APR is the annual cost of a loan to a borrower -- including fees. Looking at the interest rate one cane determine the annual cost of a loan to a borrower and is expressed as a percentage, it does not include fees charged for the loan.</span>
Aloiza [94]4 years ago
7 0

The answer is compare each loan's annual percentage rate.  Kim should compare each loan's annual percentage rate to get the lowest interest loan offer.  (I got it right on USTP)

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