Length of credit history
Types of credit used
Balance transfer APR
Cashback reward APR
The "net price" of the college/university
Whether college offers the field of study you are interested in
Quality of the student body based on test scores, GPA and selectivity of admissions
All of the above
Pay the minimum payment each month on time
Pay the balance in full every month on time
Use your credit card to take out cash from ATM instead of your debit card since it is cheaper
Be sure to borrow up to your credit limit as it will help your credit score
Lenders you are seeking to borrow from
Employers or prospective employers
Landlord whose apartment you want to rent
All of the above
Bill and Jasmine will likely have the same interest rate as banks are forbidden to offer different interest rates on an auto loan.
Since Bill has a lower credit score, he will likely pay a lower interest rate on the loan.
Neither Bill nor Jasmine are likely to be approved for an auto loan given their low credit scores.
Since Jasmine has a higher credit score she is likely to pay a lower interest rate.
Federal student loans
Other grants provided by the college/university
Credit Card application
Dividend and share price appreciation (rise in the stock price)
Return of principal
Decline in share price
Start investing early
Invest over time and don't try and time the market
Invest all of your money in a bank savings account
Diversify your investments
Investing in a single company’s stock
Investing in a single company’s bonds
Putting your money in a savings account
Buying an S&P500 index fund
Apple, Facebook and S&P500 all had the same percentage return
Apple, Facebook, S&P500
Facebook, S&P500, Apple
Facebook, Apple and S&P500
Make on-time payments on all of your loans (credit cards, student loans, auto loans)
Apply for more credit cards
Take out a student loan
Miss a few payments on your loans
The credit card balance will be paid off within 10 years.
By paying the minimum monthly payment required by the credit card company, you are making the best decision because you will have more money each month to spend on other things.
Almost all of your monthly payment will be interest and it will take many decades to pay off the credit card. Over the next 40 years you will pay over $60,000 to the credit card company before you even pay back the original $10,000.
The principal balance on the credit card (the $10,000 balance) will decline very quickly, freeing up credit on the card to buy other things.
The total costs minus the total revenue, or sales.
The number of units you sell multiplied by the price per unit, minus the total costs.
The total revenue, or sales, divided by the number of units you sell.
The amount of money investors give you to start your business.