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Business, 06.11.2020 17:40 oscaryn7213

(03.02 LC) Why do smart consumers often make a down payment when using credit to purchase a good?
0 It reduces risk to the consumer.
o It eliminates interest charges.
o It reduces the cost of the financed good.
o It reduces the interest paid to finance the good.

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(03.02 LC) Why do smart consumers often make a down payment when using credit to purchase a good?
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