John needs a new dishwasher and buys it from a store because they had a financing special that offered no interest charges for 12 months. What will the store do if he doesn't pay the entire amount off in that time?
(1 point)
It will begin assessing interest on whatever remains to be paid at that point.
It will repossess the dishwasher.
It will cancel the service
• contract on the dishwasher.
It will charge him all the
• interest that would have accrued over the year.
3 answers
It will begin assessing interest on whatever remains to be paid at that point.
John needs a new dishwasher and buys it from a store because they had a financing special that offered no interest charges for 12 months. What will the store do if he doesn't pay the entire amount off in that time?
(1 point)
It will begin assessing interest on whatever remains to be paid at that point.
It will repossess the dishwasher.
It will cancel the service
• contract on the dishwasher.
It will charge him all the
• interest that would have accrued over the year.
(1 point)
It will begin assessing interest on whatever remains to be paid at that point.
It will repossess the dishwasher.
It will cancel the service
• contract on the dishwasher.
It will charge him all the
• interest that would have accrued over the year.
The correct answer is: It will begin assessing interest on whatever remains to be paid at that point.