What are some of the possible pitfalls of owning a credit card? Check all that apply. A Only paying the minimum balance due. B Possible free collision coverage when renting a car. C Paying your bill late. D Establishing a credit rating. E Juggling too many cards.

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase