Life Planner Interview Questions and Answers

Interest and discounts are different in terms of their effect on the price of a product or service.

• Interest is an additional charge added to the original price of a product or service when paid over time.

• Discounts are a reduction in the original price of a product or service.

• Interest increases the overall cost of a product or service, while discounts decrease it.

• For example, a $100 product with a 10% discount would cost $90, while the same product with a 10% interest rate pai...read more