Question: Would you expect to pay a higher interest rate for an unsecured loan for $2,000 or a secured loan for the same amount? A. The

Would you expect to pay a higher interest rate for an unsecured loan for $2,000 or a secured loan for the same amount?

A. The secured loan would be at a higher rate. B. The rate for both would be about the same on average. C. The rate for each loan would vary based on inflation. D. The unsecured loan would be at a higher rate.

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