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    Exam 5: Consumer Credit: Advantages, Disadvantages, Sources, and Costs
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    The APR Is the Percentage Cost of Credit on A(n)
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The APR Is the Percentage Cost of Credit on A(n)

Question 51

Question 51

Multiple Choice

The APR is the percentage cost of credit on a(n) ______________ basis.


A) monthly
B) quarterly
C) semi-annual
D) Yearly
E) life-of-loan

Correct Answer:

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