Question: Loan C has the same principal amount, payment amount, and maturity date as Loan D . However, Loan C is structured as an annuity due,

Loan C has the same principal amount, payment amount, and maturity date as Loan D. However, Loan C is structured as an annuity due, while Loan D is structured as an ordinary
annuity. Loan C's interest rate is
A. indeterminate compared to Loan D.
B. the same as Loan D.
C. less than Loan D.
D. higher than Loan D.
Loan C has the same principal amount, payment amount, and maturity

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