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The cost of certain products can be totaled by adding the amount of the principal to the amount of the down payment.

True or False?

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User Aazim
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1 Answer

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False. The cost of certain products can be totaled by adding the amount of the principal to the amount of the down payment only if the product is being financed or purchased on credit. If the product is being purchased outright with cash, the cost would simply be the total price of the product.
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User Psychoschlumpf
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