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  • 03-02-2022
  • Mathematics
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The purpose of a down payment is to:

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deadkid
deadkid deadkid
  • 03-02-2022

Answer: a down payment is the sum of money that a buyer pays in the early or first stages of buying something expensive, such as a car. You might hear on the news "buy this car for 100$ down." This means that you will buy the car, pay 100 dollars for it, and then take out a loan in order to buy the rest over a set amount of time.

I hope this helps! have a great day :)

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