1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Juli2301 [7.4K]
3 years ago
6

Compare deferred payment plans for purchases and school loans.

Mathematics
1 answer:
Dafna1 [17]3 years ago
7 0

Deferred payment plans are payment options that allow you to delay a payment until a later date.

In the case of purchases, deferred payments usually come with credit. Credit refers to an agreement in which a person buys something, but promises to pay at a later date. Most of the time, this credit carries interests, which means that the person will end up paying more than he spent initially. This is usually the case with most general purchases. A common example of this is that of a credit card.

On the other hand, a deferred payment plan for a school loan is usually more flexible. Such deferred payments tend to apply either for a set period of time, or for as long as the person fulfills the necessary requirements. Moreover, deferred payments on student loans allow payers to find a job and establish themselves without having to worry about paying student loans immediately. This method is mostly used to help students transition into a working life, and they tend to take income into account.

You might be interested in
A $250 suede jacket is on sale for 20%off how much should you pay for the jacket
yarga [219]
250 * 0.20 = $50 sale
250 - 50 = $200
You will pay $200 after sale
4 0
3 years ago
Read 2 more answers
What is value of K? It's not multiple choice.
larisa86 [58]

Answer:

14

Step-by-step explanation:

6 0
3 years ago
The cost of a student ticket is $7 write a equation that correctly relates the total cost
daser333 [38]
X=$7  |  1 Ticket= x  |  1 Ticket = $7
6 0
4 years ago
you buy dog biscuits at the bulk rate of 2.25/lb. the scale shows .75 lbs fir 25 biscuits. find cost of 40 biscuits
julia-pushkina [17]
1.2 pounds is the weight of 40 biscuits and the cost is $2.70.
5 0
4 years ago
Read 2 more answers
Challenge #1
o-na [289]

Answer:

Translate 10 units right, 9 units up

Step-by-step explanation:

translations simply take the image and move it up or down or side to side, reflections flip the image, dilation changes the dimensions of an image, and rotation rotates an image on its origin point.

8 0
3 years ago
Other questions:
  • Which ordered pair is a solution of inequalities?
    9·1 answer
  • I need help on this immediately. Please help me.
    13·1 answer
  • -11(-7)<br><br> show how you got the answer<br> i need help
    7·1 answer
  • Oak grove and salem are 87 mi from each other. How far apart would the cities be on a map that has a scale of 5in: 29mi
    7·1 answer
  • Kiesha spent 120 minutes completing her homework last night. of those minutes, 1/6 were spent on spanish. how many minutes did k
    15·1 answer
  • Which choice correctly expresses the number below in scientific notation?
    6·1 answer
  • logs are stacked in a pile on the bottom row and 15 on the top row . there are 10 rows in all with each row having one more log
    6·2 answers
  • 5.) 12(x - 10)=
    6·1 answer
  • (NEED HELP URGENTLY) Similarity and the Pythagorean Theorem
    9·2 answers
  • Help me please!! i wasn’t at school the day so help meee
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!