directions: visit the website of a rent-to-own company (use a search engine if necessary). Based on the information you gather, complete the form below to compare the price of purchasing from a rent-to-own store rather than a traditional vendor.

Why would one want to use a rent-to-own store for merchandise? Think of at least three reasons and record them below.

Why should one not use a rent-to-own store for merchandise? Think of at least three reasons and record them below.

After completing this activity, would you use a rent-to-own store? Why or why not?

Using the total amount you would save by purchasing these retail items with cash vs. rent-to-own, determine how much money you would accrue by making a 40-year investment with that amount.

 

Transcribed Image Text:

Item Laptop Computer Dryer Dining Room Set DVD Player Big Screen TV Bedroom Set Totals Cost/ Wk Wks Total Cost Retail Savings Item Laptop Computer Dryer Dining Room Set DVD Player Big Screen TV Bedroom Set Totals Cost/ Wk Wks Total Cost Retail Savings

Answer rating: 100% (QA)

What are the pros and cons of renttoown stores Renttoown RTO stores sell items such as furniture and appliances to consumers on an installment payment ... View the full answer