Question

Jackson investigated loans for a $15,575 car. What might happen if he found a car he liked for $10,000?

O He would have larger monthly payments.
O The lenders will not lend him a smaller amount of money.
O He would still have to take the bank's loan offer.
O The lenders might give him a better interest rate on a smaller loan.

Answer 1

The lenders might give him a better interest rate on a smaller loan.

Step-by-step explanation:

because why would he have larger payments for a cheaper car, they will lend you ten thousand for a good reason , and they can't force you to take a smaller loan.

Answer 2

Answer: He would have a larger monthly payments

Step-by-step explanation:

If he finds a car for $10,000, then subtract $15,575 from $10,000. Than you will see how much money he has in the loan.