AnswersOC27 Economics-2102310-Sem-MeadowsBanking: How to Manage Your Money

Credit and Loans Answers

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1
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Which best describes a way people can use personal loans?

A
to buy a house
B
to buy a car
C
to pay for college
D
to pay for groceries
2
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principal borrowedoutstanding balanceprojected balance

A
principal borrowed
B
outstanding balance
C
projected balance

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