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Before a bank will give you an $85,000 loan, they may deduct a small amount. This is called A~ collateral. B~ a down payment. C~ discounting. D~ discount rate.
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Before a bank will give you an $85,000 loan, they may deduct a small amount. This is called

A~ collateral.

B~ a down payment.

C~ discounting.

D~ discount rate.

User Sodium
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1 Answer

3 votes
B down payment should be the answer

User LoahL
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