Asked by love_vibes514
If you borrow $10,000 with a 1% origination fee of $100, how will it affect the amount of loan money you receive and how much you must pay back later?
A. You receive $9,900, but must pay back the full $10,000 later.
B. You receive $10,100, and must pay it all back later.
C. You only have to pay back the $100 origination fee.
D. It doesn't have an impact on what you receive or pay back later.
A. You receive $9,900, but must pay back the full $10,000 later.
B. You receive $10,100, and must pay it all back later.
C. You only have to pay back the $100 origination fee.
D. It doesn't have an impact on what you receive or pay back later.
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