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CONTEST QUESTION
Your auto insurance bill arrives; it's $600.00 for 6 months of coverage, ugh. Luckily, to make paying easier, they give you the option of spreading this out over 3 monthly payments. The catch is they charge you an additional "convenience" fee of $3 per payment.

The same day you also receive a credit-line check offer from one of your credit cards, with no check fees, that is good for 3-months with a 5.99% APR.

Technical Note: No matter which choice you make, you must pay off the $600.00 principal in exactly 3 monthly payments.

Why? (Answer Below)



SURVEY QUESTIONS

Did you go on a summer vacation this year?
Yes
No
n/a


How much did you spend on vacation? (Include travel, expenses, dining, souvenirs, etc.)
Less than $1,000 
$1,001 to $2,000
$2,001 to $3,000
$3,001 to $4,000
$4,001 to $5,000
Greater than $5,000
n/a  


Is the amount you spent on your summer vacation more or less than you initially planned on spending?
More
Less 
n/a


How did you spend money during your summer vacation?
used mostly credit cards
used mostly cash
used mostly travelers checks
n/a


What did you do, where did you go, how long was your vacation?