BUSN 380 help Making Decisions/uophelp.com BUSN 380 help Making Decisions/uophelp.com | Page 50

Keeping up with the Joneses
The expectation of instant comfort
Question 18. Over time, which method of payment is likely to be the
least expensive?
Bank credit card
Check written on a home equity line of credit (HELOC)
Store credit card
Cash
A title loan
Question 19. In terms of borrowing expenses, which of the following
options would be relatively the cheapest?
Car dealer
Appliance store
Department store
Relative
Finance company
Question 20. If Marjorie Wilcox borrows $200 for 1 year with an APR
of 12% and an annual service fee of $10, what is her total cost of credit?
$10
$12
$24
$34
$42
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BUSN 380 Week 4 Assignment Project 1 Job Search and
Personal Budget (2 Projects)