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I need help on this question

I need help on this question-example-1
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User Haroldas
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1 Answer

5 votes

Answer:

A. A decrease in the total cost of the loan

Explanation:

By making a down payment, she is basically having to borrow less money.

When she borrows less money (and if she pays off her loan in a timely manner), then she will incur less interest.

The result of the above is that she will eventually have to pay less for the total loan than if she borrowed a larger amount hence A is the answer.

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User Uri Lukach
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