In a deferred payment arrangement,an implied or imputed interest rate is usually charged.

Name: In a deferred payment arrangement,an implied or imputed interest rate is usually charged.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

In a deferred payment arrangement, a seller charges an implied or imputed interest rate as compensation for the delay in receiving payment. This interest rate is not always explicitly stated but is still considered a form of interest on the amount being deferred.

In a Deferred Payment Arrangement,an Implied or Imputed Interest Rate