OHALENCE$23$:Managing Four I

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UNIT $2-$ CHALLENGE $2\mathrm{.}3$: Managing Your Money

Kesha takes an auto loan of $$20,000.$ She opts to repay the amount through a variable installment loan.

Which of the following statements is true of the given scenario?

a$.)$ Kesha needs to repay the entire loan amount at once a few years later.

b$.)$ The loan repayment amount Kesha owes is likely to change periodically.

c$.)$ The loan repayment amount Kesha owes is floed and does not change from one month to the next.

d$.)$ The interest rate applied on the loan amount does not change during the set loan terrir

${66}^{2}F$

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