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Posts Tagged ‘Finance’


Smart Ways To Finance Your RV or Motorhome

Unless you have a lot of money saved up, you will most likely need to arrange some form of financing when you buy an RV or motorhome. And of course, financing often seems like a black hole where you know what goes in and what comes out at the end, but the whole process in [...]

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Finance Question – Don’t know where to start.?

Your neighbor is buying a new recreational vehicle (RV). If he buys the RV for cash, the price is $45,000. Alternatively, he could buy the RV for monthly payments of $750 at the end of each month for 72 months. At what discount rate, will the two options be equally attractive (using monthly compounding)?

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