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If Chris had put down more money for his house, say 20 percent rather than five percent, what would have happened to his monthly housing expenses?


A. They would have stayed the same because real estate taxes would have gone down.
B. They would have increased.
C. They would have decreased.
D. They would have stayed the same because the interest rate on his mortgage would stay the same.

Respuesta :

dxwion

Answer:

c

Step-by-step explanation:

They would have increased because the 20% is bigger than the 5% and 5%=monthly housing expenses raising slow. 20%=monthly housing expenses raising higher.

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They would have increased because the 20% exists bigger than the 5% and 5% = monthly housing expenses raising gradually.

20% = monthly housing expenses raising higher.

They would have decreased the monthly housing expenses.

What is an Expense?

An expense exists in the cost of operations that a company incurs to develop revenue. As the popular saying goes, “it costs money to earn money.” Common expenses contain expenditures to suppliers, worker wages, factory leases, and raw material diminishment.

Therefore, the correct answer is option C. They would have decreased.

To learn more about expense

https://brainly.com/question/13161148

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