contestada

Carmela wants to take out a loan for a car. Which benefit will Carmela receive if she makes a down payment when she obtains the loan?
A. a decrease in the total cost of the loan
B. no penalties for late payments
C. an increase in the loan term
D. an increase in the principal amount​

Respuesta :

greenmom84

Answer:

A) a decrease in the total cost of the loan

Step-by-step explanation:

plato/edmentum

Besides, there's very, very rarely no penalties for late payments and making a down payment wont prevent that. It wont increase the loan amount because you are paying more in advance. It also wont increase the principal amount, in fact, it decreases it.

Otras preguntas