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Social Studies, 16.03.2020 20:47 noahdavis8114
David wants to buy a new car that costs $23,899, but only has $6,000 in cash. Since the car costs more than the amount of money he has, David must get a loan from a bank and pay interest on the remaining balance that he owes. Which personal money management term is explained in this example?
A) saving
B) income
C) Credit/debit
D) investing
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David wants to buy a new car that costs $23,899, but only has $6,000 in cash. Since the car costs mo...
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