Multiple Choice
Hillary wants to purchase refrigerator on credit. If she uses an installment plan, which of the following is most likely to occur?
A) She will be required to make a down payment.
B) She will not be charged taxes.
C) By law, finance charges on her account cannot exceed 20 percent of the purchase price.
D) She will not get a discounted price on her purchase.
Correct Answer:
Verified
Correct Answer:
Verified
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