The administration costs of a loan,as a proportion of the total cost of the loan,typically _____
A) decrease as the size of the loan increases, lowering the interest rate.
B) decrease as the size of the loan increases, increasing the interest rate.
C) increase as the size of the loan increases, lowering the interest rate.
D) increase as the size of the loan increases, increasing the interest rate.
E) increase as the size of the loan increases, leaving the interest rate unchanged.
Correct Answer:
Verified
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