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Which statements mean the same as twelve months same as cash?

Choose all correct answers.

The purchase has to be paid for in cash.
It has to be paid in 12 months.
It it takes longer than 12 months to pay, a finance charge has to be paid.
Nothing has to be paid until month 12.

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DeltaBladeZ

Answer:

It has to be paid in 12 months.

Nothing has to be paid until month 12.

It it takes longer than 12 months to pay, a finance charge has to be paid.

Are all the correct answers

Step-by-step explanation:

The statements that mean the same as twelve months same as cash are:

  • It it takes longer than 12 months to pay, a finance charge has to be paid.
  • Nothing has to be paid until month 12.

What does x time same as cash mean?

"x time same as cash" means that you got x time to pay the cash without any additional cost. If you take more time than x time to pay the due amount, then you would have to pay extra.

Example: 5 months same as cash means you can pay the due cash amount without any additional fine. If you take more than 5 months to pay the amount, then additional payment would be charged.

Thus, the statements that mean the same as twelve months same as cash are:

  • It it takes longer than 12 months to pay, a finance charge has to be paid.
  • Nothing has to be paid until month 12.

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