A trade-in is most closely related to which of the following?
a.
A down payment, because it r...
Mathematics, 03.12.2020 20:10 mathlady12
A trade-in is most closely related to which of the following?
a.
A down payment, because it reduces the amount financed.
b.
An interest payment, because it represents value given to the dealer.
c.
The list price, because it is derived from the price of a car.
d.
Amortization, because it is a way of paying for car financing.
Answers: 3
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