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Calculating Interest Rates on Installment Sales by ScribdTranslations is a document available to read on EtoBox.
This document presents two cases for calculating the real surcharge rates on installment sales. The first case analyzes the fees charged by a financial entity and calculates a real surcharge rate of 73.62%. The second case examines the rates of two department stores, Corripio with a commission of 8% and a monthly interest of 4%, and Aldereca with a commission of 9.4% and a monthly interest of 5.4%.
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- ScribdTranslations
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- EN