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anitswic14
anitswic14 anitswic14
  • 14-01-2017
  • Computers and Technology
Answered

Laura is using a rent to own store to purchase a computer valued at $1,000. She is paying $25 per week for 104 weeks(2 years). Why might this loan contribute negatively to her financial well being?

Verified Answer :

anthonysilby1
anthonysilby1 anthonysilby1
  • 14-01-2017

25*104 = 2600
she's paying 260% of the original price

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