Question: 1. What is perhaps the most important item shown on the disclosure statement? Explain why. 2. What is included in the finance charge? 3. What

1. What is perhaps the most important item shown on the disclosure statement? Explain why.

2. What is included in the finance charge?

3. What is the amount Sophie will receive from the bank?

4. Should Sophie borrow from Bank A or Bank B? Explain why.

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