Making a down payment on a loan often _________ a. decreases monthly payments. b.increases the loan's interest rate. c.makes borrowers financially unappealing. d.makes lend…

Question

asked Oct 4, 2017 5.9k views

2 Answers

← Prev Question Next Question →

Ask a Question

Valora · Answer 1 · 2017-10-10T01:44:33+0000

The correct answer is
a. decreases monthly payments

This is correct because by making a down payment, your overall loan sum is smaller which means that your monthly payment is lowered.

Making a down payment on a loan often _________ a. decreases monthly payments. b.increases the loan's interest rate. c.makes borrowers financially unappealing. d.makes lend…

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

Please log in or register to add a comment.

Please log in or register to add a comment.

Related questions

Categories

Other Questions