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24-05-2021
Business

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MARKING BRAINLIEST IF RIGHT!
1.) When Matt bought a new car, he had to pay $1,000.00 the day the agreement was signed. This payment is called:

A.) a finance charge.

B.) a credit agreement.

C.) a down payment.

D.) a monthly payment.

Respuesta :

29-05-2021

Answer:

C.) a down payment.

Explanation:

The correct option is - C.) a down payment.

Reason -

Down payment is a payment which is treated as a deposit to an credit agreement made.

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