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Reflection Assignment | Homework For You

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May 22nd, 2020
Part II: Reflection
1. Why do people sometimes use credit to pay for items instead of just using cash?
2. When applying for credit, is it preferable to receive a low interest rate or a high interest rate?
3. Sometimes, lenders allow or require a downpayment before they extend you the loan. What would be the advantage to the lender? What would be the advantage to the borrower?! Get Finance homework help todayHomework For You

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