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Economists Show How To Avoid Pig in Poke Credit Charges
Washington economists present a simple method to compare installment loan costs using a credit charge and cash received, aided by factor tables. The Holmes Jaeger approach converts various rates to an approximate annual rate for fair comparison, with a detailed example of a $310 refrigerator and 24 monthly payments. A legal notice for Bennington Vermont caucus follows.
MENTIONED IN THIS ARTICLE
Washington
UPI
Agriculture Department
Emma G. Holmes
Carol M. Jaeger
Family Economics
Dr. Holmes
Jaeger
Capitol Hill
Paul Douglas
Holmes - Jaeger
Bennington
State Armory
Vermont
John H. Williams, II