Question

Making a down payment will _____. Select the best answer from the choices provided. A. decrease the interest rate on a loan B. increase the total cost of a loan C. increase the interest rate on a loan D. decrease the total cost of a loan

Answer 1

Answer: A) decrease the interest rate on a loan

Input: Making a down payment will decrease the interest rate on a loan.

Explanation: When you make a down payment you are making a payment. This will decrease the interest rate on a loan.