mth 109 mod 3 discussion post 1

Starburst shape with text inside: no deposit, no repayments, no interest for 12 months. *conditions apply

Advertisements for no interest, no money down, and no payments for a specified amount of time are all around us. Consumers are drawn to these deals because, on the surface, they appear to offer an advantage and provide financial relief for a specified amount of time.

What are some positive and negative factors surrounding this type of financing? How does interest factor into the overall equation?

Your initial posting should be 250-500 words.

 
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