The following loan options are available from a local financial institution
Loan A £20,000 borrowed for 5 years @ 8% interest rate
Loan B £20,000 borrowed for 7 years @ 6% interest rate
Which one of these would be the best and why?
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Home » Business » The following loan options are available from a local financial institution Loan A £20,000 borrowed for 5 years @ 8% interest rate Loan B £20,000 borrowed for 7 years @ 6% interest rate Which one of these would be the best and why?