Which of these statements is true?(1 point) Responses You can save money by making the smallest down payment the lender will allow. You can save money by making the smallest down payment the lender will allow. The more you owe, the higher your interest payment will be. The more you owe, the higher your interest payment will be. There is no reason to pay off a loan early. There is no reason to pay off a loan early. When shopping for a loan, you need to compare only APRs.
1 answer
The statement "The more you owe, the higher your interest payment will be" is true.