Question

Mazzeo's Appliance Store requires a down payment of on all install-

Answer 1

Answer:

Norton's

Step-by-step explanation:

Suppose that the down payment of Mazzeo's store = 1/3 on all installment purchases

Whereas Norton's depot required 30% down payment on installment purchases.

1/3 is fractional value of 33.33%.

therefore, Norton's Store's down payment rate is lower than that of Mazzeo's store.