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    Exam 6: Financial Concepts and Interest Rates
  5. Question
    Consumers Appear to Ignore the APR Quoted by Lenders and Base
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Consumers Appear to Ignore the APR Quoted by Lenders and Base

Question 81

Question 81

True/False

Consumers appear to ignore the APR quoted by lenders and base their borrowing decisions on the size of the monthly installment payments.

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