Alka plans to spend $5,000 on plasma television and home theatre system. She is willing to spend

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Alka plans to spend $5,000 on plasma television and home theatre system. She is willing to spend some of her $9,000 in savings. However, she wants to finance the rest and pay it off in small monthly installments out of the $400 a month she earns working part-time. How might she obtain a low interest rate and make low monthly payments?

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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