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GenaCL600 [577]
3 years ago
11

Advantages of installment paying

Business
1 answer:
Fiesta28 [93]3 years ago
8 0

Answer:Advantages of installment payment for your big-ticket spending

Installment allows you to spend smart. If you have the funds, you can always purchase and pay in full. ...

You can make unexpected purchases or payments without putting a dent on your budget. ...

You get to track your finances better. ...

It enables you to stretch the cost of your purchases over a manageable period of time

Explanation:

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Answer:

Correct Answer:

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Explanation:

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$250,000

Explanation:

The computation of the interest expense is shown below:

Given that

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= $250,000

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