Answered

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Taking advantage of a credit discount is one way to reduce interest charges. true or false

Sagot :

Answer:

True

Step-by-step explanation:

Most of the companies would given the discount or credit options discount this would motivate the buyer to pay soon. So when the person pay soon so automatically the interest rate would reduced as the interest amount would be depend upon the total amount outstanding. It can be say the more the debt, the more interest would be

Therefore the given statement is true  

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