Q:

Why is the APR conside the most important factor to be mindful of in a car loan? A. The APR helps a customer determine the true cost of the loan, allowing them to compare many loans and choose the most advantageous one. B. The current national APR helps a consumer decide how much t want to spend on a car. C. The APR determines how many cars a dealership can sell. D. The APR of a loan is directly related to the quality of the associated car loan.

Accepted Solution

A:
The correct answer is A. The APR helps a customer determine the true cost of the loan, allowing them to compare many loans and choose the most advantageous one.