Question
You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $210 for the phone and then monthly charges of
You are trying to decide between two mobile phone carriers. Carrier A requires you to pay
$210 for the phone and then monthly charges of $60 for 24 months. Carrier B wants you to pay $100 for the phone and monthly charges of
$74 for 12 months. Assume you will keep replacing the phone after your contract expires. Your cost of capital is 4.2% APR, compounded monthly. Based on cost alone, which carrier should you choose?
The EAA for plan A is __
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The Complete Direct Investing Handbook
Authors: Kirby Rosplock
1st Edition
1119094712, 978-1119094715
