A Plan for ________ Is Needed to Determine How Much

question 78

Multiple Choice

A plan for ________ is needed to determine how much you could afford to borrow, the length of the loan, and how to select a loan that charges competitive interest rates.

• A) buying
• B) financing
• C) spending
• D) saving

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Definitions:

Approved

An acknowledgment or sanction indicating that something meets required standards, policies, or conditions for acceptance or implementation.

Customary

Established patterns of behavior or practices that are considered accepted and traditional within a particular social, cultural, or professional group.

Bribery

The offering, giving, receiving, or soliciting of something of value as a means of influencing the actions of an individual or group in a position of power.

Illicit Advantage

Obtaining benefits or gains in an illegal or unethical manner, often through unfair practices or insider information.