Making a down payment will _____. Select the best answer from the choices provided. A. decrease the interest rate on a loan B. i

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2 years ago

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ncrease the total cost of a loan C. increase the interest rate on a loan D. decrease the total cost of a loan

1 answer:

pav-90 [236] · Answer 1 · 2022-06-22T09:07:41+03:00

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Answer: A) decrease the interest rate on a loan

<em>Input:</em> Making a down payment will decrease the interest rate on a loan.

Explanation: When you make a down payment you are making a payment. This will decrease the interest rate on a loan.