Mike is applying for a loan to buy a family car. The interest rate on the loan is fixed. Payments on the loan must be made monthly. In addition, there are other expenses necessary for the maintenance of the car, such as gasoline costs, repairs and maintenance. How will the cost of expenses change if the family uses the car more often?

• Объекты 1
  • Monthly loan repayments
  • Petrol consumption
  • Repair and maintenance
• Объекты 2
  • It will remain unchanged.
  • It will increase.
  • It will increase.