Author Question: All of the following are key cost items in the purchase of a new car except A) rebates. B) sales ... (Read 120 times)

tsand2 · **on:** Jun 24, 2018

All of the following are key cost items in the purchase of a new car except
A) rebates.
B) sales tax.
C) down payment.
D) lease terms.

Question 2

The principal of a mortgage loan is the
A) down payment minus the purchase price.
B) purchase price minus the down payment.
C) down payment plus the closing costs.
D) purchase price minus the closing costs.