Ask Question
Today, 04:44

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

+2
Answers (2)
  1. Today, 07:15
    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
  2. Today, 07:53
    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.
Know the Answer?
Not Sure About the Answer?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers