Question:

A person wants to borrow $100,000 at 4% interest for 30

Last updated: 7/24/2022

A person wants to borrow $100,000 at 4% interest for 30

A person wants to borrow $100,000 at 4% interest for 30 years. The 30 years would be considered what part of the loan? A. finance charge B. rate C. time D. original principal