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, while

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). The same as Loan D.
B). Less than Loan D.
C). Higher than Loan D.
D). Indeterminate compared to Loan D.

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