Which of the following has no effect on the monthly payment?
A. Numbers of months the car is expected to be financed
B. Down payment
c. Vehicle's color
D. Interest rate

Respuesta :

C is correct because everything else has to do with bills and c is a one time thing

Out of the options given, the only option that does not affect the monthly payment is

The monthly payment on a car depends on:

  • The number of months the car loan is for
  • The amount paid as down payment
  • The interest rate attached to the loan

The color of the car is irrelevant to this as it has nothing to do with the financing agreement.

In conclusion, the vehicles' color does not affect monthly payment.,

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