As a lender you have the option to give out two loans. Loan 1: $300,000 with...

As a lender you have the option to give out two loans. Loan 1: $300,000 with administrative costs of $3,000. Loan 2: $900,000 with administrative costs of $6,000. Which loan is more profitable for the lender and why?

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jeff jeffy answered 2 years ago

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