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Money you pay up front to reduce the amount you will owe is called a A. fixed loan B. late payment C. down payment D. short-term loan
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Money you pay up front to reduce the amount you will owe is called a

A. fixed loan
B. late payment
C. down payment
D. short-term loan

User Ching
by
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2 Answers

7 votes

Answer:

down payment

Step-by-step explanation:

User JHeni
by
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6 votes

Answer:

down payment

Step-by-step explanation:

A down payment is money paid upfront in a financial transaction, such as the purchase of a home or car. Buyers often take out loans to finance the remainder of the purchase price.

User Osama Yaccoub
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