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Making a down payment on a loan often _________ a. decreases monthly payments. b.increases the loan's interest rate. c.makes borrowers financially unappealing. d.makes lenders uneasy

Donald Ward

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Kathy Robinson on April 27, 2018

The correct answer is a. decreases monthly paymentsThis is correct because when you make an initial payment, the total loan sum is less, which means that your monthly payment is reduced.


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