Ex 2E Purchase Options
Ex 2E Purchase Options
TERMS
CASH -
physical money
>
-
coins and notes
.
DEBIT CARD -
INTEREST-FREE PERIOD -
credit card is
given by the formula :
A amount owed
Px) x108)"where
:
A =
+
im
card
This Formula assumes no r = annual interest rate ( %)
ended
period .
From
previous period