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Alexa is deciding where to buy a new camera. Each store offers a 1-year loan for $450 but with different interest rates and fees. Which is the best way for Alexa to choose the $…

Alexa is deciding where to buy a new camera. Each store offers a 1-year loan for $450 but with different interest rates and fees. Which is the best way for Alexa to choose the $…
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Alexa is deciding where to buy a new camera. Each store offers a 1-year loan for $450 but with different interest rates and fees. Which is the best way for Alexa to choose the $450 loan that will cost her the LEAST?

User Sidika
by
8.3k points

2 Answers

4 votes

Answer:

Choose the loan with the lowest annual percentage rate (APR).

Explanation:

BECAUSE I GOT IT RIGHT

User Adam Kiryk
by
8.4k points
6 votes

Answer:

The Loan with the lowest annual percentage rate (APR)

User Jzeferino
by
8.1k points
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