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Deferred Payment vs. Cash Price: Calculation & Interest

Deferred Payment vs. Cash Price: Calculation & Interest

The difference between a cash price and deferred payment is that the cash price is paid at the time of purchase while a deferred payment is made at a later date based on terms agreed to by the seller and buyer. Learn more about the definitions of cash price and deferred payment, and understand the formula used to calculate interest on an unpaid ...

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