Q: Is amount financed equal to the cash price plus the down?

Write your answer...

Submit

Still have questions?

Continue Learning about Math & Arithmetic

amount financed= cash price- down payment

amount financed = cash price - down payment

A blind discount is defined as the difference in cost between the listed cash price for equipment and the reduced financed amount. It can also be the difference between the list price of a ca and a lower interest rate.

According to how I read the section in the related link, the cash discount can be deducted from the amount of the sale, and the discounted sale price is recorded.

You drive at less than or equal to the speed limit (don't you?) You spend less that or equal to the amount of cash that you have.

Related questions

amount financed= cash price- down payment

amount financed = cash price - down payment

A blind discount is defined as the difference in cost between the listed cash price for equipment and the reduced financed amount. It can also be the difference between the list price of a ca and a lower interest rate.

A blind discount is defined as the difference in cost between the listed cash price for equipment and the reduced financed amount. It can also be the difference between the list price of a ca and a lower interest rate.

Price is the amount consumers pay to acquire a good or service whereas cost is the amount used to produce a service or good. Cash is the money in your pocket.

to prove cash you look at the amount of money you have and accounting books. if the value is equal then you have proved cash

to prove cash you look at the amount of money you have and accounting books. if the value is equal then you have proved cash

An Imprest system of petty cash is used for more control over cash in hand. In an Imprest system, the amount in hand plus the amount of all receipts should be equal to petty cash balance. If at any time cash in hand and receipts do not equal the fixed amount of petty cash, then investigation should be done about the discrepancy.

amount finaced=cash price - down payment

if you mean "Net Price", it's the amount after deducting trade discount and cash discount.

He selects a pair, and then gets the price from the cashier, then pays with the appropriate amount of cash.

A cashback mortgage is a type of home loan product where an additional amount beyond the price of the home is financed into the loan so that the homeowners walk away with cash in hand which they can spend on other expenses related to buying a home, such as new furniture. Like any loan product, a cashback mortgage is one that prospective homeowners apply for at a bank or with a mortgage broker.