Explain all the advantages and disadvantages of U.S. Series EE and Series I bonds.
Answer to relevant QuestionsA local bank offers a “free” checking account if you maintain a minimum balance of $1,000. Is the account really free? Explain. 1. What are the pros and cons of borrowing on a credit card to pay for the necessary auto repairs? 2. What are the pros and cons of borrowing on home equity to pay for the necessary auto repairs? 3. How would you advise the ...Describe the information a lender must provide you on a credit contract. Explain why home equity loans have become an important source of consumer credit. You purchase a stereo system from a local department store on the basis of the sales- person’s assurance that this system is a “good buy.” You later find out that it wasn’t such a good buy. The same product is being ...
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