124,236 views
37 votes
37 votes
Juan plans to pay 10 percent as a down payment on a car that costs $12,000. What can he do to lower the amount of interest he will pay over the course of the loan?

A. Make a smaller down payment.
B. Ask the seller for more equity.
C. Ask for the interest to be deferred.
D. Make a larger down payment.​

User Abir Chokraborty
by
2.9k points

1 Answer

19 votes
19 votes
D. Make a larger down payment
User Nouvel Travay
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2.6k points