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CAR FINANCING FOR LESS 2-YEAR TERM UP TO $40,000 6% COMPOUNDED ANNUALLY WITH A $500 UP-FRONT PAYMENT Question What part of the offered deal is the interest rate? (1 point) Responses 2 YEAR TERM 2 YEAR TERM UP TO $40,000 UP TO $40,000 6% COMPOUNDED ANNUALLY 6% COMPOUNDED ANNUALLY $500 UP-FRONT PAYMENT $500 UP-FRONT PAYMENT

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The part of the offered deal that is the interest rate is "6% COMPOUNDED ANNUALLY."

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