jack and ron are young men. each has a good credit history. they work at the same company and make approximately the same salary. jack has borrowed $30,000 to buy a car. ron has borrowed $30,000 to take a luxury foreign vacation. who is likely to pay the lowest finance charge?

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27-10-2022
Business

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jack and ron are young men. each has a good credit history. they work at the same company and make approximately the same salary. jack has borrowed $30,000 to buy a car. ron has borrowed $30,000 to take a luxury foreign vacation. who is likely to pay the lowest finance charge?

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RajeevKumarBag RajeevKumarBag · Answer 1 · 2022-11-01T09:07:38-04:00

Taking out a loan to pay for your education is an investment in your future and "human capital."

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