Understanding of interest rates

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Now that you have a better understanding of interest rates, consider a situation in which you need to purchase a car for work. You have found a reliable car within your budget, but you are not sure whether or not to finance the purchase. What questions would you need to consider before making such a decision? What are some of the pros and cons of using credit?

Reference no: EM132662390

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Understanding of interest rates : Now that you have a better understanding of interest rates, consider a situation in which you need to purchase a car for work.
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