Ask Question
26 May, 21:04

A trade-in is most closely related to which of the following?

a.

A down payment, because it reduces the amount financed.

b.

An interest payment, because it represents value given to the dealer.

c.

The list price, because it is derived from the price of a car.

d.

Amortization, because it is a way of paying for car financing.

+4
Answers (1)
  1. 26 May, 21:21
    0
    A trade in is closely related to a down-payment because it reduces the amount financed.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A trade-in is most closely related to which of the following? a. A down payment, because it reduces the amount financed. b. An interest ...” 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