Question

cash price plus interest is a .installment price b.hire purchase price c. Maximum retail price D. retail price​

Answer 1

Explanation:

sorry this is not in my syllabus

Answer 2

Introduction:

Hire purchase is a method of purchasing expensive consumer items in which the buyer provides a down payment and then pays the remainder plus interest in instalments.

Explanation:

The hire purchase price is the cash price plus interest. The cash price represents the real cost of the asset hired. The asset is seized and payment is paid in instalments, with or without a down payment, in the notion of hire buy.