3. Which situation makes a monthly loan payment increase? a.

Last updated: 7/4/2022

3. Which situation makes a monthly loan payment increase? a. Changing the loan term from 5 years to 4 years b. Changing the interest rate from 6% to 5% c. Using $500 from savings instead of borrowing d.Asking your parents for the money instead of the bank OA OB Oc OD