Question

What is a down payment?
A.
The first payment a borrower makes on the principal of a loan
B.
A cash payment made by the borrower of a percentage of the total cost of the asset
C.
An interest rate charged on a credit card
D.
A fee paid to process a loan application

Answer 1

@Elsa213

Answer 2

B?

Answer 3

Well `Down Payment` means `an initial payment made when something is bought on credit.`

Answer 4

So A?

Answer 5

I believe so.

Answer 6

Wait....
I believe it's B. /.<

Answer 7

Which one elser?

Answer 8

B. /.\
Sorry ;-;

Answer 9

Don't be.