Ask Question
1 January, 20:33

What is the typical relationship between time and interest rate everfi?

+1
Answers (1)
  1. 1 January, 23:38
    0
    Usually, the longer the repay period is the higher the interest will be. That's because you will take longer to pay them back and the banks don't like this so the longer you pay back the more money you return. That's why the conditions usually seem good because if you return it instantly then the bank won't earn a lot.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the typical relationship between time and interest rate everfi? ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers