The type of loan that is most advantageous to a borrower is B)one with simple interest.
Which loan is beneficial to borrowers?
A loan with simple interest is one where the borrower will pay the same amount in interest every time.
This means that no matter the amount owed, the payment will still be the same instead of increasing when the debt increases.
In conclusion, option B is correct.
Find out more on simple interest at https://brainly.com/question/20690803.
