johnson33 johnson33

09-10-2016
Business

Answered

When purchasing a vehicle, which of the following would traditionally yield the highest total cost?

ACash back offer
BBalloon payment
CRegular APR financing
DSpecial APR financing

Verified Answer :

metchelle metchelle

20-10-2016

The correct answer of the given question above would be option B. BALLOON PAYMENT. When purchasing a vehicle, the balloon payment would traditionally yield the highest total cost. This payment is a large payment when the balloon loan ends, such as commercial loan, mortgage or any other amortized loan. Hope this answer helps.

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jamesmcanelly16 jamesmcanelly16

28-03-2019

Balloon payment Apex

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