Order the answer to: You have a friend who runs up a balance on

Academic Help business economics Order the answer to: You have a friend who runs up a balance on

business economics

Order the answer to: You have a friend who runs up a balance on

Question You have a friend who runs up a balance on his credit card by buying new furniture to replace the furniture he has. The interest rate on the balance is 15 percent per month. The furniture store offers a layaway plan with monthly payments equivalent to an interest rate of 10 percent per month. Explain to your friend how he could manage his finances more sensibly.
Subject business economics
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