Making a down payment on a loan often _________ a. decreases monthly payments. b.increases the loan's interest rate. c.makes bor

Question

sineoko [7]

3 years ago

5

Making a down payment on a loan often _________ a. decreases monthly payments. b.increases the loan's interest rate. c.makes bor

rowers financially unappealing. d.makes lenders uneasy

Business

2 answers:

GarryVolchara [31] · Answer 1 · 2022-04-05T05:44:00+03:00

GarryVolchara [31]3 years ago

8 0

The correct answer is
<span>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.</span>

Tanzania [10] · Answer 2 · 2022-04-05T07:22:29+03:00

Tanzania [10]3 years ago

5 0

Answer:

A) decreases monthly payments

Explanation: