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Ramon took out a car loan with an interest rate of 10 percent and paid $100 in loan application fees. What term describes the amount of interest Ramon will pay? A. down payment …

Ramon took out a car loan with an interest rate of 10 percent and paid $100 in loan application fees. What term describes the amount of interest Ramon will pay? A. down payment …
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4 votes
Ramon took out a car loan with an interest rate of 10 percent and paid $100 in loan application fees. What term describes the amount of interest Ramon will pay?

A. down payment
B. capacity
C. APR
D. capital

asked
User Steve Coleman
by
8.5k points

2 Answers

6 votes
A) Down payment
BUT dont hold me accountable
answered
User Dominic Barnes
by
8.1k points
2 votes
inki thinki it might be a but please let know if im wrong
answered
User Ibrahim Lawal
by
8.3k points
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