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