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Luann by Greg Evans and Karen Evans for June 22, 2006
June 21, 2006
June 23, 2006
Transcript:
"You want me to give you $19,000 for a car?" "Loan. I'll pay you back with interest. It's a win-win!" "I see. Well, let's do some math. How much do you bring home from your summer job?" "$140 a week." "OK, so that's $1,680 for the summer. If I lend you $19,000 for 3 years at 7%, you'll owe me...$22,990." "You're short $21,310." "Wait a minute! I see your win. Where's mine?"
Here’s a simple answer for you… NO!!