Why does your monthly payment go up if you reduce your down payment

When you buy expensive items with a loan, you often need to make a down payment to cover a portion of the purchase price. That initial payment is often critical for getting approved, and it can affect your borrowing costs throughout the life of your loan. As a result, it’s wise to understand how down payments work so you can choose the right down payment amount.

10/60

step-by-step explanation:

if you divide 10 by 60 the answer is 0.166666 while if you divide or solve the other problems it equals 0.6

answer: 80,000

step-by-step explanation:

the population doubles every day.

10,000*2=20,000 day 4

20,000*2=40,000 day 5

40,000*2=80,000 day 6