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Which factor or factors listed below are internal influences on a loan’s interest rate?


I. current and prospective inflation

II. collateral offered by the borrower

III. the strength of the economy

Verified Answer :

There is only one factor listed here that is internal influeence on a loan's interest and that is the secind one, which is called collateral offered by the borrower. The rest of them are not internal influences, they are a little bit more of external. Hope this works

Answer:

C. II only

Explanation: