Question
When an institution lends you money, that institution is entitled to charge a fee for lending you money. What is this additional cost called? (1 point)
A. economy
B. credit rating
C. daily taxable income
D. annual percentage rate
A. economy
B. credit rating
C. daily taxable income
D. annual percentage rate
Answers
D. annual percentage rate
Related Questions
When an institution lends you money, that institution is entitled to charge a fee for lending you mo...
When an institution lends you money, that institution is entitled to charge a fee for lending you mo...
When an institution lends you money, that institution is entitled to charge a fee for lending you mo...
When an institution lends you money, that institution is entitled to charge a fee for lending you mo...