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nevsk [136]
3 years ago
13

Which is the best option for people who need the items immediately but cannot pay cash now?

Business
2 answers:
professor190 [17]3 years ago
7 0
<h2>Answer</h2>

Buy on Credit

<h3>Explanation</h3>

When in a liquidity problem and items have to be bought, buying on credit seems to be the best option. Buying on credit allows immediate ownership of required items whereas the money can be paid later as per the credit policy and terms. This permits the consumer to take the advantage of item ownership with delayed payment hence double advantage.

CaHeK987 [17]3 years ago
5 0

choosing installment plans for both items.

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Interest =  Principal x rate x time ( period )

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