Bank credit card Check written on a home equity line of credit( HELOC) Store credit card Cash A title loan
Question 19. In terms of borrowing expenses, which of the following options would be relatively the cheapest?
Car dealer Appliance store Department store Relative Finance company
Question 20. If Marjorie Wilcox borrows $ 200 for 1 year with an APR of 12 % and an annual service fee of $ 10, what is her total cost of credit?
$ 10 $ 12 $ 24 $ 34 $ 42