Credit should be used only when necessary, since it usually involves borrowed funds that you will need to pay back with interest

A knockoff is a ________

A) company that uses a me-too strategy for its promotion B) company that uses comparative advertising C) new product that is so radically different from anything on the market that it has difficulty moving out of the introduction stage of its product life cycle D) product that is unbranded E) new product that copies, with slight modifications, the design of an original product

Refer to the information above. Compute the total amount to be paid by Bradley over the 15-year life of the mortgage

A. $200,000. B. $562,000. C. $432,000. D. $474,000.