John qualifies for a high-interest car loan. Making a down payment will what:
a. increase the cost of a high-interest loan
b. increase the interest rate on a high-interest loan
c. decrease the interest rate on a high-interest loan
d. decrease the cost of a high-interest loan
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “John qualifies for a high-interest car loan. Making a down payment will what: a. increase the cost of a high-interest loan b. increase the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Why might railroads have been even more important to u. s. industrialization than to britain?
Answers (1)
Business-level strategies are concerned specifically with:a. how functional areas will be organized within the firm. b. selecting the industries in which the firm will compete. c.
Answers (1)
On December 31, 2017, Extreme Fitness has adjusted balances of $960,000 in Accounts Receivable and $87,000 in Allowance for Doubtful Accounts.
Answers (1)
Six years ago, Bradford Community Hospital issued 20-year municipal bonds with a 7 percent annual coupon rate. The bonds were called today for a $70 call premium-that is, bondholders received $1,070 for each bond.
Answers (1)
Assume that on July 1, 2021, Togo's Sandwiches issues a $2.02 million, one-year note. Interest is payable at maturity.
Answers (1)
New Questions in Business
Andy assumed the character of jude in order to confront the
Answers (1)
Technician a says that a brake spoon is used to adjust brake shoes when the drum is installed. technician b says that a brake hold-down spring tool is used to remove and install hold-down springs. who is correct?
Answers (1)
Last week john got a call from his contact eric at alpine telecomm in switzerland, one of his company's largest international customers.
Answers (1)
John works for Kinjo's Printing Services during the day and Joe's Diner at night. This is a conflict of interest. a. True b. False
Answers (1)
The simple interest 500,000 amount to 630,000. what is the percentage rate?
Answers (1)