Respuesta :
Answer:
The monthly payment will consequently decrease
Step-by-step explanation:
If the interest rate charged say on a mortgage loan is decreased, then the total repayments due will as a consequence decline provided the repayment term remains unaltered. Nevertheless, a decline in total repayments due amounts to a decrease in the monthly or annual repayments
Answer:
The monthly payment will consequently decrease
Step-by-step explanation
If the interest rate charged say on a mortgage loan is decreased, then the total repayments due will as a consequence decline provided the repayment term remains unaltered. Nevertheless, a decline in total repayments due amounts to a decrease in the monthly or annual repayments
