Compare the sources of consumer credit travel and entertainment credit revolving check credit closed-end credit revolving credit consumers use a prearranged loan using special checks arrowright consumers use cards with no interest and non -revolving balances arrowright consumers pay off debt and credit is automatically renewed arrowright consumers take out a loan with a repayment date and have a specific purpose arrowright

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)

Consider 8.5 percent swiss franc/u.s. dollar dual-currency bonds that pay $666.67 at maturity per sf1,000 of par value. it sells at par. what is the implicit sf/$ exchange rate at maturity? will the investor be better or worse off at maturity if the actual sf/$ exchange rate is sf1.35/$1.00