According to the Keown book,a(n)________ is a loan involving a formal contract that details exactly how much you're borrowing and when and how you're going to pay the loan back.

Name: According to the Keown book,a(n)________ is a loan involving a formal contract that details exactly how much you're borrowing and when and how you're going to pay the loan back.
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A consumer loan is a formal agreement that specifies the loan amount, repayment schedule, and terms, fitting the description given.

According to the Keown Book,a(n)________ Is a Loan Involving a Formal