Which of the following will increase your net worth the most?
purchase a used car valued at $7,000 with an auto loan for $7,000
sell a bike valued at $75 for $75 cash
none of these increase net worth
all of these increase net worth
purchase of house valued at $150,000 with $25,000 down and a mortgage of $125,000

Why do police officers get paid less than professional baseball players?

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.