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secondary 4 | E Maths
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Date Posted: 5 years ago
Views: 271
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For qns 2
How u know is down payment
How u know is down payment
Because downpayment is simply a term for advance payment of a certain sum.
Basically in downpayment, you pay a sum upfront, while the remaining sum is paid at other times, often in installments.
‘Deposit’ is just another name for downpayment, because placing a deposit for the item means you must hand over that sum of money upfront to enjoy the use of the item.
Basically in downpayment, you pay a sum upfront, while the remaining sum is paid at other times, often in installments.
‘Deposit’ is just another name for downpayment, because placing a deposit for the item means you must hand over that sum of money upfront to enjoy the use of the item.
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Fortunately, in the O Level exams, they will simplify the questions by setting the buying rate to be the same as the selling rate (so there is only one rate to consider).
The concept of selling and buying rates are especially useful for locals who are planning to travel abroad and needs foreign money, tourists coming to a country who needs the local currency of that country or even just people who likes to collect different currencies for collection.
The concept of selling and buying rates are especially useful for locals who are planning to travel abroad and needs foreign money, tourists coming to a country who needs the local currency of that country or even just people who likes to collect different currencies for collection.
Date Posted:
5 years ago
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