What does the formula, "FC=P*R*T" tell the borrower? A. It informs the borrower on how to save money on the finance charges. B.

Question

What does the
formula,
"FC=P*R*T" tell
the borrower?
A. It informs the borrower
on how to save money on
the finance charges.
B. It informs the borrower
on the total interest the
borrower will pay on top
of the loan.
C. It tells the borrower
the day of the month the
payment will be due.
D. It tells the borrower
the name of the institution
that will lend the money.

Kunduz · Accepted Answer

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