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A product offered for sale has a price shown in monthly installments. This could be a bad deal for Mario, a potential buyer, because he could ultimately pay

2 Answers

3 votes
pay more than it is worth
User Howler
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6 votes

Answer:

Financing, or financing, is the act of providing money and credit to a company, organization or individual, that is, this is the contribution of money that is required to start or specify a project, business or activity. Generally the most common ways to obtain financing are through loans or credits.

The same term is also used to refer to the purchase of a product and pay it in installments.

In the case of the example we can say that this would be a bad business for Mario, because he could end up paying a lot of money for a product, he could even pay double the value of it. always depending on the way you make the payment.

User Maybe
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8.5k points
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