Mathematics, 27.10.2021 03:10, sarahelisabeth444

Which of the following is a characteristic of a deferred payment plan? (2 points) There is an introductory period where no interest is accrued.
The item purchased is used as collateral until the balance is paid in full.
A down payment is always required.
A certain number of payments must be made before the product is owned.

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Which of the following is a characteristic of a deferred payment plan? (2 points) There is an intr...