Question: which loan is the cheapest for the borrower? A. A loan with an EAR of 24% with annual payments B. loan with an EAR of

which loan is the cheapest for the borrower? A. A loan with an EAR of 24% with annual payments B. loan with an EAR of 24.1% with mornthly payments C. loan with an EAR of 24.2% and daily payments

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Which loan is the cheapest for the borrower? A. A loan with an EAR of 24% with annual payments B. A loan with an EAR of 24.1% with monthly payments C. A loan with an EAR of 24.2% and daily payments

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