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The total cost of a loan can be lowered by__? a. negotiating a longer loan term b. making a down payment c. finding a higher interest rate d. making a smaller monthly payment
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1 vote
The total cost of a loan can be lowered by__?

a. negotiating a longer loan term
b. making a down payment
c. finding a higher interest rate
d. making a smaller monthly payment

User Dominic Fox
by
9.3k points

2 Answers

5 votes
B: making a down payment; because you'll owe less 
User Janux
by
8.3k points
6 votes
D. Making a smaller monthly payment? Not sure
User Jared Levy
by
8.2k points
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