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This includes the interest you will have to pay to a lender beyond the amount you need to purchase the car:

a) Lease Origination Fee

b) Transaction Fees

c) Finance Charges

d) Down Payment

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1 Answer

2 votes

Answer:

c) Finance Charges

Explanation:

-Lease Origination Fee is a fee that a financial institution charges for processing a loan request.

-Transaction Fees are the fees that have to be paid when a transaction with a debit or credit card is processed.

-Finance Charges are fees that a financial institution charges for borrowing money like closing costs and interests.

-Down Payment is a payment made at the beginning when purchasing something on credit.

According to this, the answer is that the option that includes the interest you will have to pay to a lender beyond the amount you need to purchase the car is finance charges.

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