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Mathematics, 13.11.2020 16:20 paytonxxburns05

Suppose Jared makes a down payment to obtain a loan for a new car. Which statement is true? A) Interest charged for the loan will be calculated based on the price of the car minus the down payment. B) Interest charged for the loan will be calculated based on the price of the car plus the down payment. C) Jared won't be charged interest on the loan because he made a down payment. D) Interest charged for the loan will be calculated based on the price of the car, regardless of the down payment.

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