Use Estimation to Select the Best Response

question 14

Multiple Choice

Use estimation to select the best response. Do not calculate. ​
A reasonable APR to pay for a 3-year automobile loan is
​

• A) 6%
• B) 40%
• C) $2,000

---

Definitions:

B₂C Respondents

Individuals or consumers who respond or interact with business-to-consumer surveys, studies, or marketing campaigns.

Brand Transparency

The practice of openly sharing all aspects of the company's operations, values, and ethics with consumers, fostering trust and credibility.

Brand Engagement

The process of building a relationship between a brand and its consumers, encouraging loyalty and interaction through various means.

First Moment

An initial point in time or the very first instance of an event or occurrence.