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2 votes
A consumer wants to buy

a new car, but they need
help raising capital for
the down payment.
Which financial service
could the consumer use?
A. Consulting
B. Loans
C. Tax services
D. IPOs

User NULLchimp
by
7.6k points

1 Answer

3 votes

Final answer:

The consumer could use loans to raise capital for the down payment on a new car.


Step-by-step explanation:

The financial service that the consumer could use to raise capital for the down payment on a new car is Loans. Loans are a common option for consumers to obtain funds for various purposes, including making large purchases such as a car. The consumer can approach a bank or financial institution to apply for a loan, which they can then use to cover the down payment. The loan can be repaid over time, typically with added interest.


Learn more about Raising capital for a down payment on a new car

User Walt Sellers
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