2. Analyzing Opportunity Costs Using Credit. Think about the last three major purchases you made. (Obj. 1)

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2. Analyzing Opportunity Costs Using Credit. Think about the last three major purchases you made. (Obj. 1)

a. Did you pay cash? If so, why?

b. If you paid cash, what opportunity costs were associated with the purchase?

c. Did you use credit? If so, why?

d. What were the financial and psychological opportunity costs of using credit?

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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