Ask Question
12 August, 04:50

An increase in which of the following will decrease the monthly payment?

Answers:

A: interest rate

B: Down payment

C: Principal

D: None or the above

+4
Answers (2)
  1. 12 August, 04:54
    0
    B: down payment

    Step-by-step explanation:

    An increase in the down payment decreases the amount of money that has to be paid over time.
  2. 12 August, 05:06
    0
    I'd guess B down payment, because the more you pay on it, the less you have to pay on your future monthly payment
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “An increase in which of the following will decrease the monthly payment? Answers: A: interest rate B: Down payment C: Principal D: None or ...” in 📗 Mathematics 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