directions: visit the website of a rent-to-own company (use a search engine if necessary). Based on the information you gather, complete the form below to compare the price of purchasing from a rent-to-own store rather than a traditional vendor.
Why would one want to use a rent-to-own store for merchandise? Think of at least three reasons and record them below.
Why should one not use a rent-to-own store for merchandise? Think of at least three reasons and record them below.
After completing this activity, would you use a rent-to-own store? Why or why not?
Using the total amount you would save by purchasing these retail items with cash vs. rent-to-own, determine how much money you would accrue by making a 40-year investment with that amount.
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