Considering Credit Options
Robert Quinn
Ubiversity of Nevada
We are bombarded in our daily lives with tempting credit offers. Enticing first year credit
card rates and zero percent financing on a new car are but a few of these seemingly
fantastic offers. As the old adage goes, if something looks to good to be true, it probably
is. While the black and white nature of this statement may not be entirely accurate, it is
important that we carefully consider the actual implications of such deals before
proceeding.
The mathematics is simple interest and percents.