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Why is the APR considered the most important factor to be mindful of in a car loan? A. The APR helps a customer determine the true cost of the loan, allowing them to compare many loans and choose the most advantageous one. B. The current national APR helps a consumer decide how much they want to spend on a car. C. The APR determines how many cars a dealership can sell. D. The APR of a loan is directly related to the quality of the associated car loan.

Donald Ward

in Mathematics

1 answer

1 answer

Bethany Evans on January 10, 2019

The correct answer is A. The APR helps a client to determine the real cost of the loan, which allows to compare many loans and choose the most advantageous.

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