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A. B. C. Alisha borrows an auto loan of $15,000 from her bank. What would be the total cost that Alisha has to bear to
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Alisha borrows an auto loan of $15,000 from her bank. What would be the total cost that Alisha has to bear to repay her loan? She has to repay only $15,000 to the bank without any additional costs. She has to repay $15,000 plus the interest and fees imposed by the bank. She has to repay $15,000 and additional interest imposed on the money by the bank. She has to repay $15,000 plus the loan fees imposed by the bank. Henry applies for a credit card. However, because of his credit history, his request is denied. In the given scenario, which of the following statements is true? Henry can obtain a reward credit card but not a standard credit card. O Henry should apply for a travel and entertainment credit card. O Henry can obtain a credit card by adding a co-signer. Henry will not be able to apply for a credit card again because of his poor credit history. Matthew recommends that his customers pay by check when shopping in his store. The banks that issue such checks guarantee the payments. Which type of check is Matthew recommending? O A cashier's check O A certified check O A traveler's check A money orderStep by Step Solution
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