Question

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

Answer 1

Answer:

Lowest apr is right  tested it on apex

Answer 2

Answer:

Loan with the lowest APR

Step-by-step explanation:

Whenever anyone takes a loan from some bank, lowest APR is the main aspect that he person keeps in mind. APR stands for Annual Percentage Rate. Its the interest amount that a person pays for using the loan amount or credit from the bank. Everyone wants to pay lowest APR. Hence, option C is the answer.