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Use the information provided to complete the following worksheet and analyze how the numbers work out most favorably for you. For simplicity, compounding is ignored

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Use the information provided to complete the following worksheet and analyze how the numbers work out most favorably for you. For simplicity, compounding is ignored in calculating both the cost of interest and interest earnings. (Note: Enter your dollar answers rounded to the nearest two cents and precede numbers that are less than zero (0) with a minus sign (). Cost of Paying Cash Sased on the numbers alone, you should because: If you invest the principal, you'll earn more interest than you'll pay on the loan. The interest on a loan will cost you more than the interest you would earn if you invested the principal

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