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Dominic needs an $1,800 loan in order to buy a refrigerator. Which loan option would allow him to pay the least amount of interest?

Dominic needs an $1,800 loan in order to buy a refrigerator. Which loan option would allow him to pay the least amount of interest?
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19 votes
Dominic needs an $1,800 loan in order to buy a refrigerator. Which loan

option would allow him to pay the least amount of interest?

asked
User Nateisha
by
8.3k points

1 Answer

6 votes
Interest free financing through the store for a period of time. If you pay it off before the 6-12 month period the stores time given, you pay back no interest.
answered
User Bror
by
8.9k points
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