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New Document - F X M Inbox (363) - madi x Untitled document * + Untitled spreadshe x Home X A View Assessment go vle.phoenix.edu/ultra/courses/_521132_1/outline/assessment/_49891837_1/overview/attempt/_73940234_1?courseld=_52113... YouTube Maps News Gmail PTSD - Post Trauma... Home | College of E... New Tab Adobe Acrobat 44 OF 48 QUESTIONS REMAINING Question 21 4 Points Toni requires a personal loan for $3,000 with monthly payments. Toni considers several loan offers with the same APR and needs to decide whether monthly payments for 1 year is better than 2 years. Why might Toni choose a shorter time period to pay off a loan? A Total interest paid for a 2-year loan is more than for a 1-year loan. B APR is more for a 2-year loan than for a 1-year loan. C Less interest is charged over a 2-year period than over a 1-year period. D Monthly payments will be more for a 2-year loan than for a 1-year loan. Last saved 2:24:22 PM