9
QuizMultiple Choice

Consumer Responsibilities

Question 9 • FL-2102373-Personal Finance and Money Management Honors

Based on a $500 loan amount, rank the following companies from the lowest to highest annual percentage rate (APR).CompanyFees ChargedTerm of LoanA$6020 daysB$5012 daysC$7515 daysD$1008 days

Answer
A
A, B, C, D
B
B, A, C, D
C
D, B, C, A
D
D, C, B, A
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Based on a $500 loan amount, rank the following…