What loan alternative would you choose? (just take into account the interest rate): a. loan at 15.5% per annum, compute

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answerhappygod
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What loan alternative would you choose? (just take into account the interest rate): a. loan at 15.5% per annum, compute

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What loan alternative would you choose? (just take into account the interest rate):
a. loan at 15.5% per annum, computed annually
b. loan at 15% per annum, computed quarterly
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