N/A — Exam Answers

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An annual percentage rate, or APR, represents how much

A
principal is paid over many years.
B
interest is paid over a year.
C
principal is paid over a year
D
interest is paid over many years.
46
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Kito selects express shipping and the company bills his credit card 105 point 6 9 dollars for the total of the online purchase. Determine if Kito has been billed correctly for his purchase.

A
Kito has been over charged by 1 point 8 5 dollars for his purchase.
B
Kito has been over charged by 3 point 4 0 dollars for his purchase.
C
Kito has not been charged enough for his purchase.
D
Kito has been billed correctly.
49

Which payment option would be best for the laptop and for the refrigerator?

A
rent-to-own; installment
B
installment; rent-to-own
C
rent-to-own; rent-to-own
D
save up and pay cash

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