Mikkixo60631 Mikkixo60631
  • 19-02-2020
  • Mathematics
contestada

Purchasing a car on a loan through the bank or dealership is called:

A. franchising.

O

O

B. financing

O

C. loaning.

O

D. amortizing.

Respuesta :

aabdulsamir
aabdulsamir aabdulsamir
  • 24-02-2020

Answer: B: Financing

Step-by-step explanation:

Financing is a type of loan that is paid with interest. This type of loan is paid with fixed installment until the debt is paid off. If the loan is defaulted, the bank gets to collect the car from the owner.

Answer Link
ycnrj7qyy5 ycnrj7qyy5
  • 15-06-2022

Answer:financing

Step-by-step explanation:

Answer Link

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