Module 9: Loan To Own Participant Guide
Module 9: Loan To Own Participant Guide Money Smart for Adults Curriculum Page 7 of 33 Example Consumer Installment Loan Rent-to-Own Advertised price = $1,500 12% APR for 2 years $70.61 x 24 months = $1,695 Chris saved $1,165.36 Advertised price = $55 every other week $55 x 52 weeks = $2,860 Car Loans ................
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