FDIC money starts | 70 Questions with 100% Correct Answers

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_________is the part of your monthly payment used to pay back the money you borrowed. Principal Interest Taxes Insurance - ✔✔Interest You went car shopping last week and discussed auto loans... with your car dealer. Then , you shopped around onlined at several area banks and found an auto loan with a much lower APR than what your car dealer had offered. You monthly auto loan payment is now $200.00 for 60 months. If you had gone with the car dealer's offer, it would have been $ 225.00 for 60 months. How much money will you save with the new loan over the next five years? $ 2,ooo.oo $1,500.00 $1,000.00 $500.00 - ✔✔$1,500.00 Review the table on your screen to answer the following question. How much will chris save by making the minimum payment on his credit card bill plus$25 as opposed to just paying the minimum payment? $150 $299 $401 $503 - ✔✔$401 The main cost of borrowing money is called - ✔✔Interest Paying yourself first means: - ✔✔determining how much you want to save each month and putting that money aside immediately upon earnin .Mr. and Mrs. Larsen own a home and positive net worth, both of which helped them get an unsecured loan when they needed to replace their roof. Which of the Four C'S that represent? A. Capacity Capital C.Character D.collateral [Show More]

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