A simple discount note results in

A. interest that's deducted in advance.

B. interest that's deducted when note is paid back.

C. lower interest costs than a simple interest note.

D. the same interest costs as a simple interest note.

Question

Business

Juliana Burns

17 February, 18:22

A simple discount note results in

A. interest that's deducted in advance.

B. interest that's deducted when note is paid back.

C. lower interest costs than a simple interest note.

D. the same interest costs as a simple interest note.

+2

Answers (1)

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Jazlynn Welch · Answer 1

A simple discount note results in i nterest that are deducted in advance, this can just be simply called a discount. It is usually being confused with markdown. Discount is a deduction in the price of a product base on the purchase of the customer while markdown is a reduction of price based on inability to be sold.

A simple discount note results inA. interest that's deducted in advance.B. interest that's deducted when note is paid back.C. lower interest costs than a simple interest note.D. the same interest costs as a simple interest note.

A simple discount note results in

A. interest that's deducted in advance.

B. interest that's deducted when note is paid back.

C. lower interest costs than a simple interest note.

D. the same interest costs as a simple interest note.