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28 October, 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. 28 October, 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. 28 October, 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.
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