Seb pays the $5,000 cost for his car all at once. Carolina also buys a $5,000 car, but she uses a secured line of credit paid over a period of 3 years. What is the advantage of Carolina’s strategy?

Question

Revolt · Accepted Answer

smaller payments

Ohm's Law — Unit test

Seb pays the $5,000 cost for his car all at once. Carolina also buys a $5,000 car, but she uses a secured line of credit paid over a period of 3 years. What is the advantage of Carolina’s strategy?

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