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On a consumer credit transaction, the __________ is the total of all money paid for credit, including the interest paid over the life of the
On a consumer credit transaction, the __________ is the total of all money paid for credit, including the interest paid over the life of the loan.
a. | preferred interest rate | |
b. | finance charge | |
c. | maximum interest rate allowed by law | |
d. | annual percentage rate |
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