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Finance 18 Online
OpenStudy (anonymous):

Katie is buying a house and is looking for the best home loan to pay for her purchase. What loan should she choose? A. Loan with the lowest APR B. Loan with the highest APY C. Loan with the lowest APY D. Loan with the highest APR

OpenStudy (anonymous):

i think its C?

OpenStudy (anonymous):

@ganeshie8

OpenStudy (jenlee):

I believe A (Because APY stands for annual percentage yield which is for interest on like savings accounts or certificate of deposits)

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