Why do smart consumers often make a down payment when using credit to purchase a good?
A) It reduces risk to the consumer.
B) It eliminates interest charges.
C) It reduces the cost of the financed good.
D) It reduces the interest paid to finance the good.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why do smart consumers often make a down payment when using credit to purchase a good? A) It reduces risk to the consumer. B) It eliminates ...” 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
Teltos Inc. is seeking ways to motivate its "creative types." Which of thefollowing ways can be considered by the firm to encourage creativity amongthe creatives? A Avoiding training programs as creatives cannot benefit from.
Answers (1)
Under what type of ownership is the property considered owned 50-50 for estate tax purposes and passed automatically to your spouse at your death? A. Tenants in common B. Tenancy by the entirety C. Joint tenants with the right of survivorship D.
Answers (1)
The GAP is a global clothing retailer for men, women, children, and babies. The following information is taken from The Gap's fiscal 2015 annual report.
Answers (1)
If you were constructing an audience-analysis questionnaire and wanted to learn how many of your listeners believe in extraterrestrial life, which of the following would be the best kind of question to ask? a. leading question b. opinion question c.
Answers (1)
Speakers can bring a speech full circle by
Answers (1)
New Questions in Business
What are the order of in which management can take legal action against a employee
Answers (1)
What best describes an entrepreneur? a. Someone who initiates and assumes the financial risk of a new business enterprise. b. A person who knows how to evaluate which stocks to purchase. c. Someone who can expertly manage other people's investments.
Answers (1)
JRN Enterprises just announced that it plans to cut its dividend from $3.50 to $2.50 per share and use the extra funds to expand its operations.
Answers (1)
Sykora, Inc., which uses a predetermined overhead rate based on direct labor hours, estimated total overhead for the year to be $12,000,000 and total direct labor hours to be 320,000 hours. Calculate Sykora's predetermined overhead rate.
Answers (1)
Appalachian mountain goods has paid increasing dividends of $.10, $.12, $.15, and $.20 a share over the past four years, respectively.
Answers (1)