Verified Answer :

KIKI8932325

B

There is more to know, cause the finance charge isnt the only thing in a loan

Answer: This statement is "False."

Step-by-step explanation:

False, the finance charge he will pay in dollar is not the only thing he needs to know about a loan.

An individual should know about the loan are as follows:

1) Interest rate on loan

2) Period of loan

3) How much collateral security he needs to show against the loan.


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