Ask Question
18 July, 09:27

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.

+1
Answers (1)
  1. 18 July, 12:44
    0
    A trade in is closely related to a down-payment because it reduces the amount financed.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “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 ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers