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instead of 10 percent, Juan plans to pay 20 percent as a down payment on a car that costs $12,000. How will this higher down payment affect his equity? O A. A higher down payment means he will have more equity. O B. A higher down payment will compound equity faster. C. A higher down payment means he will have less equity. D. A down payment means has no effect on equity.​

Sagot :

Answer:

A

Explanation:

a higher down payment means he will have higher equity