T8heGzetzelakatebug T8heGzetzelakatebug

04-06-2016
Business

Answered

The total finance charge (fees plus interest) divided by the amount financed represents a ratio that can be used to determine the annual percentage rate of a loan, or APR.

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andriansp andriansp

10-06-2016

That statement is true
The total finance charge plus interest divided by the amount dinanced represents a ratio that can be used to determine the annual percentage rate.

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