zarkataylor zarkataylor

14-09-2022
Mathematics

Answered

What would happen to a monthly payment if the interest rate increased?
OA. The payment would go up.
B. The payment would go down.
OC. The payment would remain the same.
OD. None of the above

Answer :

EthanDuarte EthanDuarte

14-09-2022

Interest is the percentage extra that is charged when a debt isn’t paid, so if it increases the payment would go up

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