Calculating your finances - Timeslips Corp.'s PercentEdge mortgage program - evaluation

Home Office Computing,  June, 1991  by Lisa Kleinholz

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So should you buy that supercharged new computer? Carefully following an example in the manual that demonstrated how to use the present-value screen to compare the cost of a loan with the return on the same amount kept in my money-market fund, I learned I should pay cash. If my savings were earning a higher rate of interest, that answer would change.

Then, using the variable-rate screen, I calculated how much time it would take to recover the damage to my nest egg and decided to hold off for a while. I hope your numbers look better than mine.

COPYRIGHT 1991 Freedom Technology Media Group
COPYRIGHT 2004 Gale Group