Question

When financing a car, you must pay ___ on the amount borrowed.

a. interest
c. down payments
b. capital
d. collateral

Answer 1

the answer is interest. whenever you take a car loan from a bank or a financial institution, you always have to pay interest on the amount borrowed or the principal amount. the interest is how the financial institution or bank will earn through lending money

Step-by-step explanation:

Answer 2

the answer is interest. whenever you take a car loan from a bank or a financial institution, you always have to pay interest on the amount borrowed or the principal amount. the interest is how the financial institution or bank will earn through lending money