A plan for ________ is needed to determine how much you could afford to borrow,the length of the loan,and to select a loan that charges competitive interest rates.
A)buying
B)financing
C)spending
D)saving

Question

Quizplus · Accepted Answer

Financing refers to borrowing money and is the most appropriate term for the given context. In order to determine how much one could afford to borrow, the length of the loan, and to select a loan with competitive interest rates, a financing plan is required. A buying plan, a spending plan, and a saving plan are not directly relevant to borrowing money.

A Plan for ________ Is Needed to Determine How Much