JalenForeman1536 JalenForeman1536

25-11-2020
Business

contestada

Why do smart consumers often make a down payment when using credit to purchase a good?

A)It reduces risk to the consumer.

B)It eliminates interest charges.

C)It reduces the cost of the financed good.

D)It reduces the interest paid to finance the good.

Respuesta :

swilliams5314 swilliams5314

29-11-2020

Answer:

Answer is d

Explanation:

if you owe less on the car from your borrowed money, then you will pay less in interest over time.

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